The Daily Journal article about the San Mateo County budget being approved caught my eye as it painted a picture of responsible fiscal management and planning for the inevitable downturn in the economy. County manager-soon-to-be-retired John Maltbie noted
He acknowledged the county’s success in making summer reading programs available through the county’s library system as well as the some $100 million spent in the last five years or so on affordable housing projects to create an estimated 1,770 units in the near future as signs of progress.
That caused me to look a little deeper into the budget where one finds
On May 16, 2017, the Board approved a Measure K allocation for affordable housing of $40.5 million over two years with the possibility of increasing that amount by $3.25 million if Peninsula Clean Energy repays its loan to the County early. All together, affordable housing will receive about 25 percent of Measure K appropriations over the next two years. Unlike in other counties, these funds come from existing resources, resulting in the reduction of Measure K contributions for other program and projects.
It is anticipated that these funds will support the construction of roughly 1,400 new housing units, which is a tiny fraction of the need for over 25,000 additional affordable housing units in the County. Not enough to change the trajectory of the increase in rents or housing costs. (Additions to the Housing Department budget will be submitted as a June Revision.)
We know that the 1,770 incremental units are just the County's additions. Cities are spending more money and private developers are building as fast as they can. So the natural question is "Where will the additional water come from?". One can search the 900 pages of the budget for any indication that some sliver of $2.8 billion dollars might be spent on additional supply--but that search would be in vain. I know because I did it. The 143 appearances of the word "water" mention conservation at County facilities, stormwater treatment, supply for boaters at the marinas, water quality, a new tank in Pescadero, and a toilet rebate program for Pescadero, BUT not a word about any sort of new water supply. Get ready for draconian water restrictions friends.
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