Texas Voters OK Spending $2B On Future Water Projects
AUSTIN (AP) – Texas voters have backed a plan that would use $2 billion in reserve funds to help the state meet the future water needs of its booming population and economy.
Tuesday’s ballot measure was widely expected to pass. It had the backing of environmental groups and most of the state’s top elected officials, including Republican Gov. Rick Perry.
The measure amends the state constitution to move $2 billion from Texas’ rainy day fund to its water infrastructure fund. The money would help defray the borrowing costs on large-scale water infrastructure projects, including creating reservoirs, laying new pipelines and replacing older ones.
The state estimates it will need $53 billion to implement a plan that would meet its water needs for the next 50 years.
(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)
- Baylor Quarterback Russell Finally Gets To Play At Kansas
- Kansas State Hopes To Upset No. 2 TCU
- Cowboys LB Sean Lee Cleared To Play Following Concussion
- Shooting On Texas Southern University Campus
- Cowboys Defensive Back Brandon Carr On The Meaning Of His Tattoos
- Woman Forced To Strip And Serve Jail Time For Overdue Ticket
- Veteran Wants Flag Vandals To Take Responsibility For Crime
- Lightning Strikes Man Twice At Rednecks With Paychecks
- Postal Worker Pleads Guilty In $450K Jewelry Theft Case
- Jerry Jones: ‘London Could Be An Expansion
- PHOTOS: Your Pet Pictures