Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Who paid for the dams and lakes?

Dams lakes paid
0
Posted

Who paid for the dams and lakes?

0

LCRA has no taxing authority. To build the dams and lakes, LCRA borrowed money from the federal government, then repaid the loans with revenues from its sales of electricity and water. The Highland Lakes generate revenue through sales of water and hydroelectricity, and this money is used to operate and maintain the dams, hydrogeneration units and lakes. See the history of LCRA.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.