The High Cost of Texas Water Planning

In the new era of Texas water planning, 16 regional planning groups develop long-term water supply and conservation strategies to solve perceived regional water problems, with the Texas Water Development Board administering the planning and developing a state plan based on the results of the regiona...

Full description

Saved in:
Bibliographic Details
Published in:Texas Business Review 2001, p.4
Main Author: Holloway, Milton L
Format: Newsletterarticle
Language:English
Subjects:
Area planning & development
Capital costs
Comparative analysis
Cost benefit analysis
Decision making
Drought
Economic analysis
Economic conditions
Finance
Long term planning
Management
Planning
Present value
Texas
Water resources
Water resources development
Water shortages
Water supply
Water utilities
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:In the new era of Texas water planning, 16 regional planning groups develop long-term water supply and conservation strategies to solve perceived regional water problems, with the Texas Water Development Board administering the planning and developing a state plan based on the results of the regional plans. The strategies developed by this planning process are expected to give guidance to local water supply utilities concerning the projects that will likely receive political support and thus get funded and developed. This "bottom-up" planning process requires the regional planning groups to compare alternatives and instructs the groups to consider economic and environmental impacts. By opting for the use of undiscounted, annual average costs per acre foot of water as the sole economic criterion for comparing alternatives, TWDB does not provide adequate economic guidance for making such comparisons.
ISSN:0040-4209