California has borrowed $500 million so far to pay for #OrovilleDam debacle

California is borrowing up to $500 million to pay for the crisis at Oroville Dam.

The Department of Water Resources obtained a $500 million line of credit last week to cover expenses connected to the spillway fracture at Oroville, including the permanent repairs.

DWR obtained a separate $300 million credit line last week to cover other capital improvements for the State Water Project beyond Oroville.

Read the whole story in the Sacramento Bee

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One comment

  1. What about that 7 BILLION $$$ Bond that the Votes passed. WHY does Jerry have to borrow monies when he was given it to repair and build dams and water holding facilities…. More scams run by Moonbeam -Brown and his mexican nationalist legislature.

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