A proposal to revamp the state water board has turned a spotlight on concerns about oversight of an agency that in the coming years likely will be entrusted to handle billions of additional taxpayer dollars meant for projects to protect Texas from ruinous drought.
For decades, the Texas Water Development Board has been an obscure state agency, essentially acting as a bank that lends money, at low interest rates, to communities wishing to build new wells, repair aging sewage treatment plants and engineer new pipelines.
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Asher Price has covered the environment, climate and related issues for six years, including business efforts to take advantage of market opportunities presented by drought and limited water supplies.