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Water Use & Conservation

Water Trust Board - Water Funding

The 2001 Legislature enacted the Water Project Finance Act which created the Water Project Fund in the NMFA and charged the NMFA with the administration of the Fund and the Water Trust Board.

The Water Trust Board is a diverse 16-member Board that recommends to the Legislature projects to be funded through the Water Project Fund.

Under the Act, the Board recommends to the Legislature funding within five project categories:

(1) Water conservation or reuse
(2) Flood prevention
(3) Endangered species act (ESA) collaborative efforts
(4) Water storage, conveyance and delivery infrastructure improvements, and
(5) Watershed restoration and management initiatives.


Additional Information

For additional information on the Water Trust board, visit the New Mexico Finance Authority website