Annual Reports

The AWBA submits an Annual Report by July 1st of each year to the Governor, President of the Senate and Speaker of the House of Representatives. The Annual Report details the AWBA's activities for the previous calendar year, including the volume of water stored for future use and progress made on satisfying the State's Indian settlement responsibilities. The Annual Report provides a summary of Water Bank transactions during the preceding calendar year. This includes Water Bank revenues and expenditures, the total amount of water stored, the total amount of long-term storage credits distributed or extinguished by the Water Bank and the 10-year Plan which describes water banking services the AWBA intends to undertake during the following 10-year period.

2023 Draft Annual Report cover

Draft 2023 Annual Report:

The Annual Report details the AWBA's activities for the previous calendar year, including credit development and the progress made on satisfying the state's firming obligations. This is a draft and comments may be submitted to the Water Banking Authority for consideration.

The AWBA had no excess CAP water supplies available for storage in 2023. As a result, the AWBA continued to make progress on its firming goals and obligations through the purchase of 1) LTSCs and 2) Intentionally Created Surplus (ICS) firming credits. In 2023, the AWBA purchased 1,327 acre-feet of LTSCs in the Tucson Active Management Area. Cumulatively, the AWBA has accrued or acquired 4.39 million acre-feet (MAF) of LTSCs. Of this amount, 3.78 MAF are for Arizona uses and 0.61 MAF are interstate credits stored on behalf of the State of Nevada. Additionally, in 2023 the AWBA purchased 7,470 acre-feet of ICS firming credits pursuant to its 2019 agreement with the Gila River Indian Community (Community). Cumulatively, the AWBA has purchased 33,790 acre-feet of ICS firming credits.