The water resources of Florida are strained by the state's rapid growth and development, which could lead to potential shortages in the near future, as early as next year, according to Florida Taxwatch.
The Florida Office of Economic and Demographic Research, EDR, estimated that Florida will need to allocate at least $1.7 billion for critical infrastructure projects through 2040 to avoid a significant water supply shortage. That price tag does not include the cost for restoration plans, such as Everglades Restoration, and certain infrastructure projects to manage stormwater and wastewater.
