Federal grant awarded to McMullin Area GSA to conduct water marketing study and groundwater credit system
The McMullin Area GSA has been awarded a WaterSMART Fiscal Year 2018 Water Marketing Strategy Grant from the Bureau of Reclamation. The McMullin Area application was among those receiving the highest scores. A major element of the scoring criteria was landowner support letters. Thanks to strong support from McMullin Area landowners, the grant application was successful.
The Bureau anticipates $193,000 of Federal funds will be awarded to the GSA for the development of a groundwater credit program for landowners including a water marketing strategy study. The award amount will be confirmed once the project scope and budget is refined.
A water marketing program includes proactive strategies for bringing surface water into the McMullin Area. The study will include inter-agency outreach efforts to coordinate and plan for future water transfers, as well as hydrologic studies, pricing and economic impact studies, legal water rights studies, and infrastructure evaluations.
A groundwater credit system creates a mechanism for allocating groundwater resources among landowners to either bank, trade, or sell. Developing the program will include pricing options, legal issues, economic values of local water, socioeconomic impacts, groundwater level impacts, project monitoring, as well as specific rules and regulations for implementation.
The grant award allows the McMullin Area GSA to move forward toward program study and development, and offsets the costs associated with developing this solution. The Bureau anticipates awarding the grant funds to McMullin Area GSA this year.