AUSTIN — In the April edition of Fiscal Notes, released today, the Comptroller’s office examines Texas’ efforts to secure reliable supplies of water for its industry, agricultural producers and communities. The Texas Water Development Board expects the state’s water needs to increase by 87 percent through 2070. Unless a lot more is done to conserve or develop new water sources, the state could face a shortfall in supplies of nearly 3 trillion gallons.
“Texas has always been prone to drought, but as our population increases and our economy becomes more complex, the potential effects of water shortages are becoming more dramatic,” Texas Comptroller Glenn Hegar said. “Tackling water needs is expensive, but the cost pales in comparison to the price of doing nothing.”
Fiscal Notes furthers the Comptroller’s constitutional responsibility to monitor the state’s economy and estimate state government revenues. It has been published since 1975, featuring in-depth analysis concerning state finances and original research by subject-matter experts in the Comptroller’s office.
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