Established in 1953, by the Florida Legislature, the Lake County Water Authority’s legislative purposes are:
- Controlling and conserving the freshwater resources of Lake County.
- Fostering improvements to streams, lakes and canals in the county.
- Improving the fish and aquatic wildlife in the county by improving the streams, lakes, and canals in the county.
- Protecting the freshwater resources of Lake County through assisting local governments in the treating of storm water runoff.
The Lake County Water Authority was formerly know as the Oklawaha Basin Recreation and Water Conservation and Control Authority.