Co-funding Offsets Cost of New Initiatives
Since its first Master Water Plan in 1998, Tampa Bay Water has successfully secured millions of dollars in local, state and federal grants. Locally, the utility has received more than $316 million in co-funding from the Southwest Florida Water Management District (SWFWMD) since 1998, and is poised to receive additional dollars for new initiatives.
Two feasibility studies for new water supply projects are expected to receive SWFWMD co-funding in fiscal year 2020. Expansion of the Tampa Bay Regional Surface Water Plant and desalination plant are expected to receive a total of $775,000 in fiscal year 2020. An additional $850,000 will be requested in fiscal year 2021 for these two projects.
The regional demand management implementation plan, which will save up to 11 million gallons per day by the end of 2030, is ranked favorably by SWFWMD and is expected to receive $550,000 in fiscal year 2020 and $1.6 million in fiscal year 2021.
Tampa Bay Water will continue to seek co-funding to offset the cost of new initiatives, including opportunities for state and federal grants.