The Arizona Water Banking Authority (AWBA) was established in 1996 to make full use of Arizona’s Colorado River entitlement. It aims to address groundwater depletion in central Arizona and to protect Colorado River water users against future shortages due to interannual variability in water availability. Each year, the AWBA pays the costs to deliver any of the state’s unused entitlement to Colorado River water into central and southern Arizona and to store that water underground. The AWBA stores water on behalf of Central Arizona Project municipal subcontractors, other mainstream municipal Colorado River water rights holders, and tribal entities. Through its interstate banking agreements, the AWBA can also store water on behalf of the states of Nevada and California. Water stored by the AWBA is accounted for using Arizona’s statutorily created system of long-term storage credits (LTSCs), which allow future pumping of stored water within the same hydrologic basin. During shortage conditions in the Lower Basin of the Colorado River, the AWBA will distribute the LTSCs, enabling recipients to pump groundwater that otherwise would not be permitted. In this way, the AWBA serves as a unique insurance mechanism against shortages for users of Colorado River water in Arizona and the Lower Basin. To date, the AWBA’s focus has been on storage, yet in the coming years, its activities will shift to recovery, and it will need to confront additional challenges associated with matching supplies with demands and limitations on water available for recharge.
Colorado River Water in Southern California: Evolution of the Allocation Framework, 1922-2014
