California State Treasurer Fiona Ma announced the sale of $533.8 million in California Department of Water Resources (DWR) Water System Revenue Bonds to finance certain State Water Project capital improvements and refund previously issued debt. The refunding bonds are expected to save $20.3 million in debt service costs over the next 14 years, or $16.4 million on a present value basis.
“Despite the improving economic picture, the future is far from certain. That future is challenged by the effects of a changing climate. Nevertheless, I am pleased that investors continue to support California’s bonds including issues such as this, which will benefit all Californians who count on DWR for reliable, clean, and safe water,” said Treasurer Ma.
San Diego County Water Authority: Region has sufficient water supply for foreseeable future
Photo: Business Wire
and last updated 2021-05-12 13:26:47-04
SAN DIEGO (KGTV) â On the heels of Gov. Gavin Newsom s latest drought emergency declaration, the San Diego County Water Authority says the region has enough water supplies for this year and the foreseeable future.
Newsom expanded his emergency declaration on Monday, covering 41 of the state s 58 counties, covering about 30% of the state s population. That doesn t include San Diego County.
Newsom s declaration was made after several factors led to reduced expected water supplies by more than 500,000-acre feet, enough to supply up to one million households with water for a year. The drastic reduction in water supplies means these reservoirs are extremely low for water users, including farmers, and fish and wildlife in the counties the drought proclamation covers.
This is how California s water use has changed since the last drought
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Agriculture makes up most of California’s water use, but it is difficult for the industry to scale back usage.USDA Natural Resources Conservation Services
California is in a serious drought. The National Drought Mitigation Center’s drought monitor puts most of the state in extreme drought zones for the first time since 2015.
The latest instance of drought has once again put the state’s water use under the microscope to identify opportunities for conservation, a task that’s expected to become more challenging as the impacts of climate change intensify.
ACWA Spring Conference Explores Top California Water Issues Association of California Water Agencies Sacramento, California, UNITED STATES
SACRAMENTO, Calif., May 10, 2021 (GLOBE NEWSWIRE) The Association of California Water Agencies (ACWA) will host its 2021 Virtual Spring Conference & Exhibition May 12-13, delivering a package of updates, analyses and perspectives on multiple issues affecting the state’s water community.
Discussion panels will touch on several areas related to a second year of dry conditions in California, ranging from wildfire resilience to the potential impacts of a drought on water rights. Panels will also explore topics that remain top issues within California water, such as federal and state efforts related to PFAS and the financial impacts of the COVID-19 pandemic on disadvantaged communities.
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SACRAMENTO, Calif., May 10, 2021 (GLOBE NEWSWIRE) The Association of California Water Agencies (ACWA) will host its 2021 Virtual Spring Conference & Exhibition May 12-13, delivering a package of updates, analyses and perspectives on multiple issues affecting the state s water community.
Discussion panels will touch on several areas related to a second year of dry conditions in California, ranging from wildfire resilience to the potential impacts of a drought on water rights. Panels will also explore topics that remain top issues within California water, such as federal and state efforts related to PFAS and the financial impacts of the COVID-19 pandemic on disadvantaged communities.