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Fiscal Year 2017 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. In October of 2017, the Lake Fork Water Supply Contract with the City of Dallas was signed and includes additional compensation for the transfer of water resources outside the Basin. This contract ensures that the City of Dallas will pay their fair share of future development in the Sabine River Basin. Management of the Authority’s resources also includes 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 and Pipeline Project and in the fall of 2017 received the first round of funding through the Texas Water Development Board’s (TWDB) State Water Implementation Fund for Texas (SWIFT) program. The new 85 million gallons per day raw water 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 2017 Annual Report (10 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 4/21/2018 at 6:06:23 AM CST|
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