The resolution H.C.R. 2016 expresses the Arizona Legislature's commitment to long-term water security by reinstating full funding for the Water Infrastructure Finance Authority (WIFA). This authority plays a crucial role in addressing Arizona's current and future water needs through conservation, reuse, and augmentation projects. The resolution highlights the importance of WIFA's mission for the state's economic and environmental health and emphasizes the necessity of private sector partnerships to develop sustainable water supply solutions.

The resolution also acknowledges the challenges faced by WIFA due to funding cuts over the past two years, which have hindered its ability to attract private investment and fully engage in essential projects. It calls for a renewed commitment from the Legislature to work with WIFA to secure the necessary appropriations as budgetary conditions improve, ensuring that Arizona can effectively address water scarcity issues in both urban and rural areas.