An updated report issued last week by the Texas Water Development Board said it will cost $53 billion over the next 50 years to build the new reservoirs, pipelines, treatment plants and other water infrastructure needed to keep the state from drying up.

The latest state water plan, which is updated every five years, assumes the population of Texas will grow to 46 million by 2060, up from today’s 25 million.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.