Selecting a plan to develop the water resources of a region involves the consideration of economic, environmental, social, and technical objectives. Twelve attributes are defined to indicate the degree to which these objectives are achieved in the Tisza River basin of Hungary. A preliminary multiattribute utility function is assessed over these attributes. This is combined with existing information describing the possible consequences of five alternative development plans to yield an overall rating of their desirability. The utility function explicitly indicates the preference tradeoffs among attributes. Discussion indicates further uses of the utility function in the planning and evaluation processes.