State Officials To Vote On Water Funding Rules
From Our CBS Music Web Sites
Follow CBSDFW.COM: Facebook | Twitter
LUBBOCK (AP) - Texas officials are poised to consider final rules for implementing the state’s water funding plan.
Members of the Texas Water Development Board will vote on the proposed rules Thursday in Austin.
Voters last year approved using $2 billion from the Rainy Day Fund to finance projects in the state water plan, and lawmakers have said that money would multiply through interest earnings and revenue bonds. It could grow to $27 billion over 50 years.
The water plan calls for more than 3,000 projects and strategies to provide additional water. More than a third would come from conservation and reuse, 17 percent from new reservoirs, 34 percent from other surface supplies and 15 percent from other sources.
Texans needs an additional 2.7 trillion gallons of water by 2060.
(© Copyright 2014 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)
Latest News:
- New Booster Safety Ratings Released
- Suspect Charged In May Shooting Death Of Security Guard
- New ‘Star Wars’ Film Is Titled ‘The Force Awakens’
- Feds Announce 1st Bitcoin Securities Fraud Case Against Texas Man
- 5 Must-Watch College Football Games This Weekend
Top Trending: