Florida’s Water Supply: Could Florida Experience a Significant Water Supply Shortage by 2025?
A Florida TaxWatch Commentary
This commentary paints a concerning picture of the Sunshine State's water future. Despite being known for its abundant water resources, Florida could face a significant water supply shortage as early as 2025, according to projections from the Florida Office of Economic and Demographic Research (EDR).
Key findings from the commentary include:
- Florida may experience a water supply shortage by 2025, with the situation worsening through 2040.
- Estimated $1.7b investment in critical water projects is needed by 2040 to avoid a significant shortage.
- The state's rapid economic and population growth exacerbates the challenge, with 26.4 million residents expected by 2040.
- Current water project funding processes are disjointed and inconsistent, highlighting the need for a comprehensive statewide strategy.
As Florida continues to grow, understanding and addressing these water supply challenges is crucial for the state's future. Read the full commentary to gain valuable insights into this pressing issue.