Blog: Correcting Stubborn Myths Part II
From the Bay Delta Conservation Plan Blog (BDCP), in a post by Karla Nemeth, California Natural Resources Agency:
“1. Myth: The BDCP doesn’t include financing costs or debt service payments over the 50-year term of the project.
“Fact: Ultimately, before final decisions are made about whether to proceed with the BDCP (Plan), financing costs for the project will be known and part of the public discussion. Right now, BDCP is focusing on capital, operations, and maintenance costs to determine the long-term benefits of securing this water supply source and restoring the Delta’s ecosystem. The financial planning included in the public draft BDCP is a proposal that the state and federal agencies will evaluate to determine whether funding would be available to implement the Plan.”