Other Financial Documents
This section includes other financial documents to provide the reader with additional information about West Basin's bonds and investments and other financial programs. The latest Official Statement provides a description of the latest bond offering.
STANDBY CHARGE
The Standby Charge is considered each year at a public hearing. Originally adopted in 1991 to support the development of new, local water supplies, the Standby Charge continues to pay for West Basin's continually growing, world-class recycled water program. To date, West Basin has produced more than 130 billion gallons of recycled water to offset importing water, diversify local supplies, and provide environmental benefits for Santa Monica Bay. Download the Standby Charge Fact Sheet here.
OTHER POLICIES
West Basin's Board of Directors has an adopted Investment Policy, updated as of December 2012. The West Basin Investment Policy may vary from the California Code. In December 2012, West Basin's Board reviewed and adopted without changes a Debt Management Policy and a Swap Policy. The Designated Funds Policy, was reviewed and adopted in October 2011.