The Central Arizona Project (CAP) is a 336-mile (541 km) bypass channel in Arizona, located in the southern United States. The aqueduct diverts water from the Colorado River at the Bill Williams Wildlife Refuge, near Parker, to central and southern Arizona. This project was expected to provide water to nearly one million acres (405,000 hectares) of irrigated farmland areas in Maricopa, Pinal and Pima counties, as well as municipal water to several communities in Arizona, including the Phoenix and Tucson metropolitan areas. The Carey Business School at Arizona State University conducted a study to estimate the economic impact of the CAP in the state of Arizona.
The results of this study revealed that the CAP has an annual revenue of $1.2 billion. The CAP is an essential source of water for many communities in Arizona. It provides a dependable source of water for agricultural and urban uses, and helps to guarantee that the state's water resources are managed responsibly. The CAP also contributes to protecting the environment by reducing water pollution and conserving water resources. The CAP is managed by the Central Arizona Water Conservation District (CAWCD). The CAWCD is responsible for managing the CAP's operations and finances, as well as ensuring that it meets its legal obligations.
The CAWCD also publishes complete annual financial reports and insurance financial statements. The Central Arizona Project is a significant part of Arizona's economy and environment. It provides a reliable source of water for agricultural and urban uses, helps to protect the environment, and generates an annual revenue of $1.2 billion. The economic impact of the CAP is far-reaching. It has helped to create jobs in many sectors, including agriculture, construction, engineering, and tourism. It has also helped to improve public health by providing clean drinking water to many communities in Arizona.
In addition, it has helped to reduce air pollution by providing an alternative source of energy. The CAP has been a major success story for Arizona. It has provided a reliable source of water for many communities in the state, while also helping to protect the environment and generate an annual revenue of $1.2 billion. The CAP is an important part of Arizona's economy and environment, and its success is a testament to its importance.