Gov. Brown’s Bay Delta Conservation Plan (BDCP) Cost $54.1 Billion: Simple Math – It’s Not Worth it.

Gov. Brown’s Bay Delta Conservation Plan (BDCP) Cost $54.1 Billion:

Simple Math – It’s Not Worth it.

Sacramento, CA – Restore the Delta, opponents of Gov. Jerry Brown’s rush to build Peripheral Tunnels that would drain the Delta and doom salmon and other Pacific fisheries today released its “Simple Math” total of costs. “The Brown Administration has released tens of thousands of pages but not one single, simple accounting of the costs. They are hiding the math because the cost keeps escalating and the benefits diminishing,” said Barbara Barrigan-Parrilla, executive director of Restore the Delta.

Cost of Peripheral Tunnels:

Construction-$ 14.5 billion

O&M- $ 1.5  billion

Interest on Tunnel Revenue Bonds-$ 26.3 billion

Habitat and Conservation- $ 7 billion

Interest on General Obligation Bonds- $ 3.2 billion

Administration and Research- $ 1.6 billion

Total- $ 54.1 billion

Related Posts