$2 Billion Water Projects Approved By Texas Voters
Yesterday’s election saw Texas voters approve a plan to use $2 billion dollars in reserve funds to help meet the future water needs of the state.
The measure amends the state constitution to transfer $2 billion dollars from the state’s rainy day fund to the water infrastructure fund. The money would help pay for large scale water projects including creating new reservoirs, new pipelines and replacing older ones.
The state estimates it will need $53 billion to implement a plan that would meet the states water needs for the next 50 years.