Bureau of Reclamation awards $2 million to ten projects to develop water marketing strategies
WASHINGTON – The Bureau of Reclamation today announced awards totaling $2 million to ten projects to establish or expand water markets or water marketing activities. When non-federal cost-share contributions are included, these projects will accomplish more than $4.6 million in water marketing planning activities.
“It is always a good day when Reclamation can combine funding and resources with those of local water partners to achieve a common goal,” said Avra Morgan, Program Coordinator for Water Marketing. “Water marketing strategies empower communities by helping water managers meet demands efficiently in times of shortage, which ultimately helps prevent water conflicts.”
The following project was selected in eastern Texas:
McLennan County Water Marketing Strategy Groundwater Replenishment Credits and Groundwater Augmentation Rate (Texas)
Reclamation funding: $75,000; Non-federal funding: $82,500
McLennan County will develop a water marketing strategy focused on conjunctive use of ground and surface water to stem groundwater depletions and stabilize water supplies in a five-city area.
The project will benefit multiple sectors in the region including rural and agricultural communities that rely heavily on groundwater.
Water markets support the President's memorandum on Promoting the Reliable Supply and Delivery of Water in the West. Water marketing refers to water rights transactions and includes the lease, sale or exchange of water rights undertaken in accordance with state and federal laws between willing buyers and sellers. Learn more at: https://www.usbr.gov/watersmart/watermarketing/index.html.
Through WaterSMART, Reclamation works cooperatively with States, Tribes, and local entities as they plan for and implement actions to increase water supply through investments to modernize existing infrastructure and attention to local water conflicts. Visit https://www.usbr.gov/watersmart for additional information about the program.
A complete description of the selected projects is available at: https://www.usbr.gov/watersmart/watermarketing/index.html.
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The Bureau of Reclamation is a federal agency under the U.S. Department of the Interior and is the nation's largest wholesale water supplier and second largest producer of hydroelectric power. Its facilities also provide substantial flood control, recreation opportunities, and environmental benefits. Visit our website at www.usbr.gov and follow us on Twitter @USBR