SWC Fact Sheet on Extending Long-Term Water Supply Contracts
For over 10 years, Public Water Agencies that contract with the California Department of Water Resources have acknowledged the need to extend the long-term water supply contracts to allow DWR to issue bonds beyond 2035 for the State Water Project. By extending the repayment of debt service beyond 2035, the state can avoid steep water rate increases statewide.
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The State Water Contractors is a statewide, non-profit association of 27 public agencies from Northern, Central and Southern California that purchase water under contract from the California State Water Project. Collectively the State Water Contractors deliver water to more than 25 million residents throughout the state and more than 750,000 acres of agricultural land.