Financials

The District is a not for profit, independent public agency that is regulated by its Board of Directors and all applicable State and Federal laws.  The budget setting process is open to public input and is routinely presented during the Board's April through June agendas.  Beyond budget setting, the District has a set of administrative regulations to guide staff on purchasing and procurement of supplies, equipment and services.

In order to run the District, reserves are maintained that can be drawn down during low water sales years (drought and recessions) and replenished over time to mitigate rate spikes.  These reserves are prudently invested in compliance with the District's investment policy.

Nearly 99% of the District's revenue is collected through water rates charged to our customers.

 

Link to State Controller's webpage with District's reported Financial Transaction Report