Proposition 4 asks California voters to allow the state to borrow $10 billion in bonds for water, wildfire prevention, and other environmental projects. It would require yearly audits of the money. The funds would help clean up and protect water supplies, help with wildfire prevention and response, and provide for projects that try to protect beaches, forests and mountains. This is expected to cost taxpayers another $400 million a year for 40 years to repay the bond. … According to state campaign finance data as of Sept. 5, the effort so far has raised $624,000. Top contributors include Save the Redwoods League with $225,000 and Sempervirens Fund with $100,000.

Related Prop. 4 articles:

• Metropolitan Water District news release: Metropolitan’s board votes to support Proposition 4 climate bond
• CalMatters: Opinion: Climate costs will only go up if California fails to act. Voters should back a $10 billion bond
• CalMatters: Opinion: California has enough debt. It doesn’t need $10 billion more for a climate bond
• Mercury News: Editorial: California’s $10 billion Prop. 4 favors politics over sound policy