Dewhurst Calls for Road, Water Spending
Lieutenant Governor David Dewhurst says Texas should consider using up to $1 billion from the state’s Rainy Day fund to pay for new water supplies.
Speaking in Dallas today, Dewhurst said the state’s growing population demands new spending on things like water and roads.
He called on lawmakers to create an infrastructure bank out of the Rainy Day fund that could be used to pay for initial phases of new reservoir projects.
The Lt. Governor also said additional funding for the Texas Department of Transportation might be necessary.
State officials say the Rainy Day fund is expected to be at $8 billion by the end of the year.