Max Anderson

Texas voters recently approved a constitutional amendment to fund water several projects in the state, but it hasn't yet been figured out how the money will be dolled out. Max Anderson has the story.

(stand up) Texans overwhelmingly voted for prop six with over 73-percent of the vote. The measure was supported by Democrats and Republicans, as well as business and environmental groups. But now the question becomes, how will the money be spent?
Proposition six takes two billion dollars from the state's rainy day fund to finance water projects around the state. The projects will be overseen by the Texas Water Development Board.
(Stand up) The Texas Water Development Board has several years to figure out how the projects will be prioritized and approved. 20-percent of the funds have been dedicated towards conservation purposes.
Texas State Political Science professor Dr. Patricia Parent says she's anticipating political battles over development and cost.
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Dallas resident Rita Beving says she has received several letters calling for water pipelines and reservoirs.
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The Water Texas PAC has raised two (m) million dollars for prop six. Some of the projects the  group supports include desalination, water reuse, storing water underground, pipelines and reservoirs.
(Stand up) Prop six is an investment to provide water to Texans for the next 50 years. Many people are speculating about how the money will be spent, but what we do know is that the board will begin approving loans for projects in 2015. For Bobcat Update, I'm Max Anderson.