Maine Bonds for Water Project, Question 3

Bonds for Water Project:

“Do you favor a $3.4 million bond issue to support drinking water programs, to support the construction of wastewater treatment facilities and to leverage $17 million in other funds?”

If passed, the measure would:

* Fund the state’s revolving loan fund that communities can apply to for low-interest loans.
* Stipulate that every $1 of state money raised will attract $5 in federal money, according to the Maine Department of Environmental Protection

Argument FOR:
- The $40.5 million the state has spent since 1988 from the clean water and drinking water revolving funds have leveraged $201 million in federal funds

This is interesting in that this question, so far, has no organized opposition.

My recommendation: YES

It is so hard to judge some of these out of state ballot issues. I am interpreting the supporting argument to mean that everyone feels there is a strong return on investment for the financial output. There seems to be no opposition since the other ballot measures are garnering most of the attention. The governor, a senator and a congressperson support this measure.

There are no websites for either side.