Constitutional Amendment 4
State-level ballot issue in the 2008 general election
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General information
Official ballot language
Shall the Missouri Constitution be amended to change provisions relating to the financing of stormwater control projects by:
- limiting availability of grants and loans to public water and sewer districts only;
- removing the cap on available funding and existing restrictions on disbursements;
- requiring loan repayments to be used only for stormwater control projects?
It is estimated the cost to state governmental entities is $0 to $236,000 annually. It is estimated state governmental entities will save approximately $7,500 for each bond issuance. It is estimated local governmental entities participating in this program may experience savings, however the amount is unknown.
Other info
The measure would limit "availability of grants and loans to public water and sewer districts only." The amendment would remove the cap on funding for storm water projects and lift the restrictions on how these funds can be dispensed. The ratio between how much is taken out in grants as opposed to loans can be changed without restriction. It would require that loan repayment funds be deposited into a fund for storm water control projects.
The annual cost is estimated as up to $236,000 and the state government would save around $7,500 per bond. Savings are estimated for local governments, but the total amount is unknown.
Pros and cons
| Pro | Con |
From Karen Miller, Boone County southern district commissioner, Boone County:
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From Lance Weber, Libertarian candidate for Missouri House of Representatives:
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