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Wednesday, June 12, 2013 - 6:09pm
Austin, TX (KDBC) — As the drought continues here in Texas, lawmakers are bracing for a water crisis in the decades to come. The state's population is expected to grow by 80 percent by 2060 and the state is expected to lose 10 percent of its existing water reserves. A new report from the Texas Water Development board says $53 billion is needed for infrastructure upgrades to meet the growing demand for water.
Governor Perry recently signed legislation which would tap $2 billion out of the rainy day fund to help government agencies pay for new reservoirs, pipelines, and other water projects. The bill still needs voter approval in November.