SUBJECT
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Combined Projects Future Budget (Information)
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DESCRIPTION
The PRWC Combined Projects Implementation Agreement was executed by the PRWC members in March 2017 for the purpose implementing approved candidate projects. In 2017 the PRWC identified five candidate projects, four of which (the Southeast and West Polk Lower Floridan aquifer (LFA) projects, the Peace Creek Integrated Surface Water Supply project, and the Peace River Surface Water Supply project) were included in the Agreement. The fifth candidate project is the Alafia River.
To date, the Combined Projects Implementation Agreement has been used to investigate project feasibility and costs, typically to the 30% design level of these four projects under a process known as Phase 1 (Section 8 of the Implementation Agreement - Project Implementation). Once a project has been approved by the PRWC Board of Directors, it enters the construction phase, which is known as Phase 2 and a specific implementation agreement Project Board, and budget is established to handle construction, operation and funding of the project.
Two projects have currently entered Phase 2: 1) the Southeast Lower Floridan Aquifer Wellfield Project, and 2) the West Polk Lower Floridan Aquifer Wellfield Project. An additional two projects are still in Phase 1: 1) The Peace Creek Integrated Surface Water Supply Project and 2) the Upper Peace Surface Water Project. Although it has not been added to the Combined Projects Agreement, the Alafia River is also being assessed as a future alternative water supply source. Additionally, since 2017 several other potential water supply options have come to light.
The current Fiscal Year (FY) 2026 Combined Projects budget only contains funds for the final stages of the West Polk test production well construction (TPW-2). It was originally anticipated additional funds would not be needed for the FY2027 Combined Projects Budget, except to re-pay interest and loan costs. However,...
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