Water bond update: Lawmakers poised to vote this afternoon to extend deadline on water bond; Gov. Brown floats new bond compromise

From Capital Public Radio;

“California lawmakers are poised to vote Monday afternoon to extend Monday’s deadline for the Secretary of State’s office to print November election voter guides. The 48-hour extension would give Gov. Jerry Brown and legislative leaders more time to negotiate a replacement to the $11 billion water bond on the November ballot. … “

Read more from Capital Public Radio here: State Lawmakers Hoping To Buy More Time To Reach Water Bond Deal

And this from the Los Angeles Times:

“Gov. Jerry Brown and legislative leaders floated a $7.195 billion water bond compromise Monday, as the deadline to get a replacement measure on the ballot looms.  Brown and Democratic leaders have sought to revise the bond currently set to go before voters in November, which was written in 2009 and costs $11.1 billion — a price tag Brown says is too high. … “

Read more from the Los Angeles Times here: Governor, Democratic lawmakers craft new water bond compromise

Stay tuned; more to come …