DALLAS – Texas Gov. Rick Perry is asking voters to approve draining $2 billion from a $9 billion rainy day fund to help pay for projects intended to provide sufficient water to the drought stricken state without raising taxes.

Texans will go to the polls Nov. 5 to decide on Proposition 6, a constitutional amendment that would take $2 billion from the Emergency Stabilization Fund to establish special water funds. If Proposition 6 passes, the rainy day fund will contain $6.7 billion at the end of fiscal 2014.

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