The plans to build a new reservoir near Maxwell have been a long time in coming. At this point, 30 agencies throughout the state are on the list to help pay for planning efforts and later receive a share of an estimated average yield of 500,000 acre-feet of water. The next step is to apply for partial funding through Proposition 1 funds, the statewide water bond approved in 2014. Within the $7.5 bond amount, $2.7 billion is set aside for water storage projects.