This is the part that should scare out state legislators and assemblymen:

A University of California study takes stock of what to expect: Up to $2.2 billion could be lost in the Central Valley this year, and up to 80,000 jobs.

With the recent massive increase in taxes, fear of unemployment, stock market losses and overall instability of our economy people will already reduce spending considerably. Now, not only do we have a severe water shortage coming, but another multi-billion dollar shortfall on our state budget.