The resolution H.C.R. 2016 expresses the Arizona Legislature's commitment to reinstating full funding for the Water Infrastructure Finance Authority (WIFA) to address water scarcity issues in the state. It emphasizes the importance of WIFA's mission in ensuring the economic and environmental health of Arizona by facilitating water conservation, reuse, and augmentation projects. The resolution acknowledges the challenges posed by recent funding cuts, which have hindered WIFA's ability to attract private capital and fully engage in necessary water supply projects.

Furthermore, the resolution outlines the need for long-term solutions to water scarcity, highlighting that the scale of infrastructure required will necessitate partnerships with the private sector. It commits the Legislature to work with WIFA to restore the appropriations needed to secure new water supplies and to enhance strategic collaborations as budgetary conditions improve. Overall, the resolution underscores the critical role of WIFA in developing sustainable water solutions for both urban and rural areas in Arizona.