SQ 764: Water Infrastructure Financing
Water is essential to the development and growth of our state. Decide how Oklahoma will ensure the delivery of clean water for future generations before you go to the polls.
State Question 764 is a constitutional amendment that creates the Water Infrastructure Credit Enhancement Reserve Fund, and authorizes the Oklahoma Water Resources Board (OWRB) to provide financing to local communities for water infrastructure projects at lower interest rates.
The reserve fund will allow available credit to be leveraged for water resource and sewage treatment financial assistance programs for municipalities, rural water districts and other public entities in Oklahoma. The recent update of the Oklahoma Comprehensive Water Plan estimates that over the next fifty years the need for maintaining, replacing and expanding drinking water and wastewater infrastructure will total over 80 billion dollars. To begin to address these needs, SQ 764 allows the OWRB to provide financing for water infrastructure projects. The current OWRB loan programs have saved Oklahoma taxpayers over $900 million since its inception, and the new reserve fund will enhance this program.
To educate others about this important State Question, Click the following links for handouts/payroll stuffers: Thirst For Knowledge? Water - A Precious Resource Water - A Precious Resource 2 Thirst For Knowledge Poster Water, A Precious Resource Poster
|For further information, contact The State Chamber of Oklahoma at (405) 235-3669 or at: email@example.com
Mailing address: 330 NE 10th Street Oklahoma City, OK 73104