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The Trinity
River Authority of Texas is a political subdivision charged by
legislative mandate with three functions. These include
maintenance of a Master Plan for basin-wide development, serving
as local sponsor for federal water projects and providing services
authorized by the Texas Legislature within TRA's defined
territory.
Public services currently provided by the Authority include
wastewater treatment, water treatment, recreation and reservoir
facilities. TRA also serves as a conduit for tax-exempt
financing for municipal water and wastewater facilities and
industrial air and water pollution control facilities.
Each TRA operating project
or financial endeavor is an independent financial entity. On
a functional basis, the Authority operates as a governmental
utility, receives no direct tax revenues or appropriations and is
compensated for services provided by projects owned and operated
by TRA. |