Tag Archive for: Financial Planning

Marin Municipal Water District Adopts Budget To Bolster Water Supply

The Marin Municipal Water District has approved a $305.9 million, two-year budget that will begin to make significant investments in new water supplies not seen by the agency in decades. “We have a very big job ahead of us with this budget,” Monty Schmitt, the president of the district’s elected board, said before it voted unanimously to adopt the budget on Tuesday.

SD County Water Authority Considering Water Rate Increases Due to Inflation

The San Diego County Water Authority Board of Directors will have a public hearing and vote Thursday about proposed increases of 8.2% or 9.5% in wholesale water rates for 2024. Citing “extraordinary inflationary pressures and depressed water sales,” the board said the proposals are a way to manage cost increases while still protecting ratepayers, ensuring water reliability and maintaining the authority’s credit ratings.

SD County Water Authority Considers Water Rate Increases Due to Inflation

The San Diego County Water Authority Board of Directors will have a public hearing and vote Thursday about proposed increases of 8.2% or 9.5% in wholesale water rates for 2024. Citing “extraordinary inflationary pressures and depressed water sales,” the board said the proposals are a way to manage cost increases while still protecting ratepayers, ensuring water reliability and maintaining the authority’s credit ratings.

Vista Irrigation District Logo

Vista Irrigation District Will Not Increase Water Charges in 2020

Vista, Calif. — At its August 5 meeting, Vista Irrigation District’s Board of Directors voted not to increase its water service charge in 2020 in an effort to support its customers facing financial challenges during the COVID-19 pandemic.

“Our board is concerned about the financial impacts that our customers are facing,” said Vista Irrigation District Board President Richard Vásquez. “Prudent financial planning and budgeting has provided the district with the opportunity to not raise its rates in support of its customers during this challenging and uncertain time.”