ASU Study demonstrates the Colorado River water CAP delivers supports Arizona’s GSP with $2 trillion in economic benefit
The Central Arizona Water Conservation District Board of Directors (CAWCD) convened today for its December meeting.
Central Arizona Project’s Finance & Administration Director presented the results of the “The Economic Impact of Central Arizona Project to the State of Arizona,” a study prepared by the W.P. Carey School of Business at Arizona State University. This study showed that the Colorado River water CAP delivers has supported Arizona’s Gross State Product (GSP) with $2 trillion in economic benefit since water deliveries began through 2017. In recent years, this water has supported an economic benefit exceeding $100 billion per year, representing 40% of Arizona’s GSP. CAP’s supply of water to its customers in 2017 is estimated at annual employment of nearly 1.6 million jobs. More information can be found here.
CAWCD Board Member Cesare provided a Public Policy Committee update and the Board voted unanimously to approve the Committee’s proposed 2020 state and federal legislative agendas. Additionally, CAWCD Board Member Megdal gave an update on the Central Arizona Groundwater Replenishment District (CAGRD) Mid-Plan Review, which will be released for public comment on Dec. 12, open through Jan. 24. The Mid-Plan Review is not required, but represents a commitment by the CAWCD Board for enhanced reporting and transparency regarding CAGRD operations.
CAP staff members also provided updates on:
- Customer Service Task Force Recommendations
- System Use Agreement and Potential Establishment of System Use Implementation Reserve Fund
- Colorado River conditions
- Closure of Navajo Generating Station
The CAWCD Board of Directors is a popularly elected, 15-member board. Ten members are from Maricopa County, four from Pima County and one from Pinal. Members serve six-year, unpaid terms. The board typically meets publicly the first Thursday of each month to establish policy and set rates and taxes for CAP.
Central Arizona Project (CAP) is Arizona's single largest resource for renewable water supplies. CAP is designed to bring roughly 1.5 million acre-feet of water from the Colorado River to Central and Southern Arizona every year. More than 80% of the state's population, live in Maricopa, Pima and Pinal counties, where CAP water is delivered. It is a 336-mile long system of aqueducts, tunnels, pumping plants and pipelines. www.centralarizonaproject.com