(Bloomberg) – The conventional wisdom was that California, especially the southern part of the state, would be awash this winter with rain in the valleys and deep snow in the mountains. El Nino was on the way to save the day. There were voices of caution: State Climatologist Mike Anderson had been telling people since last year that the Pacific Ocean warming wasn't a guaranteed drought cure.

So with February winding down, along with the peak of the California rainy season, how did the state fare?

"It has been extremely disappointing," said Rob Hartman, hydrologist in charge at the California Nevada River Forecast Center in Sacramento. "January was quite good to us, February was not. Our water supply forecast for the spring period is falling like a stone."

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