The last decade has brought many changes to Colorado's water supply outlook. Despite the recent economic recession, the state has experienced significant population growth, and Colorado's population is expected to nearly double within the next 40 years. Other pressures on Colorado's water supply include severe drought, a desire to meet multiple needs (i.e., municipal, environmental, recreational) with existing resources, and impacts to agriculture due to water shortages, urbanization, and transfers to new users. To address these challenges, the Colorado Water Conservation Board (CWCB) has undertaken a visioning process to explore solutions to these future water supply challenges. As part of this process, CWCB has led the state in identifying demand and supply strategies to meet the state's future water needs while considering agriculture and the environment. These strategies have been combined into varying portfolios that include methods such as conservation, local water projects, new Colorado River development, and agricultural transfers. This paper details the development and evaluation of these portfolios and describes stakeholder's efforts to balance meeting Colorado's water needs in the future.

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