Director says Verde allocation reduced; interconnect project proceeding through NEPA with multimillion-dollar costs

Director Mike Loggins told the board previously requested Verde allocations were reduced from ~50,000 to ~9,000 acre-feet and have been further cut to roughly 4,500 acre-feet on a three-year average. He said moving that supply via an interconnect to CAP is the project's purpose and estimated district costs at about $20,000–$30,000 per acre-foot; the district has set aside roughly $20 million.