The 2022 State Water Plan documents costs to address anticipated water supply shortfalls over 50 years. About $80 billion will be needed for over 2,400 projects. The question is: “Where will that money come from?”
Key points:
- It is estimated that over $80 billion will be needed to pay for projects to meet Texas’ water needs.
- Most of the money will be needed in the next two decades, with much of it directed to the Dallas and Houston areas.
- State financing programs administered by the Texas Water Development Board will be the primary source of money for projects.
- The 89th Legislature will likely consider adding more money to existing water funding programs.
John Mondi
Financing Water Projects: Paying to Quench the Thirst of Texas
January 24, 2025
texaspolicy.com