Texas Water Development Board approves $7,800,229 to the City of Breckenridge (Stephens County) for water and wastewater system projects

For immediate release. Contact: Media Relations at 512-463-5129

AUSTIN – (March 3, 2022) – The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $7,800,229 to the City of Breckenridge (Stephens County), including

• $3,637,809 from the Drinking Water State Revolving Fund (DWSRF), consisting of a $2,325,000 loan and $1,312,809 in loan forgiveness, and
• $4,162,420 from the Clean Water State Revolving Fund (CWSRF), consisting of a $2,935,000 loan and $1,227,420 in loan forgiveness.

The City will use the assistance to finance planning, design, and construction costs associated with water and wastewater system projects.

In addition to the loan forgiveness, the City could save approximately $2 million over the life of the loans by using the DWSRF and CWSRF programs.

With the $3,637,809 from the DWSRF, the City will make upgrades to its water treatment plant and the raw water intake structure at Lake Daniel. In addition, the City proposes to rehabilitate portions of its distribution system to address water loss. The project also includes the development of an asset management plan.

With the $4,162,420 provided by the CWSRF, the City will rehabilitate four lift stations as well as manholes and collection lines in various parts of the City's wastewater collection system. Improvements will also be made at the City’s wastewater treatment plant to handle increased flows during rain events.

The TWDB is the state agency charged with collecting and disseminating water-related data, assisting with regional water and flood planning, and preparing the state water and flood plans. The TWDB administers cost-effective financial assistance programs for the construction of water supply, wastewater treatment, flood control, and agricultural water conservation projects.