Texas Water Development Board approves $4,098,917 to the City of Slaton (Lubbock County) for water system improvements

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

AUSTIN – (November 6, 2024) – The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $4,098,917 to the City of Slaton (Lubbock County), consisting of $3,200,000 in financing and $898,917 in principal forgiveness, from the Drinking Water State Revolving Fund (DWSRF). The City will use the assistance for the planning, design, and construction of a water system improvement project.

In addition to the loan forgiveness, the City could save approximately $981,000 over the life of the loan by using the DWSRF.

With the assistance approved today, the City will replace a 75,000-gallon elevated storage tank and install advanced metering infrastructure in its distribution system to improve metering accuracy. 

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 mitigation, and agricultural water conservation projects.