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Fiscal Year 2016 Comprehensive Annual Financial Report
The Comprehensive Annual Financial Report includes the management's discussion and analysis which can be found in the financial section, providing an overview of the Authority's financial activities and should be read in conjunction with the financial statements. The Statistical Section includes selected financial and demographic information.
For the year. The Authority continues to pursue planning for meeting future water supply needs of the Basin and plays a major part in the State's regional water planning process. Management of the Authority's resources also includes negotiations with the City of Dallas on the renewal of the Lake Fork water supply contract and negotiations with Entergy and CLECO on renewal of the Toledo Bend Hydroelectric Power Sales Agreement. As authorized by the Board, the Authority is proceeding with the development of a new Gulf Coast Division Pump Station Project and in the spring of 2016 applied for funding through the Texas Water Development Board's (TWDB) State Water Implementation Fund for Texas (SWIFT) program. In July of 2016, the TWDB approved a $75 million multi-year loan through SWIFT funding for the new 85 million gallon per day raw water pump station. The project is one of the largest water conservation projects funded to date by the TWDB through the SWIFT program. The new pump station will provide a modernized pumping facility located along the main stem of the Sabine River and will ensure a more reliable water supply for the Authority's customers in the lower basin.
To Read More
View the entire FY 2016 Annual Report (6 MB). This document require the Adobe Acrobat Reader; see here for more information and to download the Reader. You may also order a printed copy on our Contact the Sabine River Authority of Texas page.
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|This page requested on 8/23/2017 at 8:44:23 AM CST|
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