District Adopts Operating Budget for Fiscal Year 2022-2023

July 1, 2022 marks the start of the new Fiscal Year for the West Basin Municipal Water District.  At the June 27, 2022 regular meeting of the West Basin Board of Directors, the board adopted the Fiscal Year 2022-2023 Water Rates & Charges, and the Fiscal Year 2022-2023 Budget.

To review the full operating budget (PDF), please visit the Financial Reports webpage.

To review the June 2022 Board agenda packet, agenda items 8E Resolution: 06-22-1163: Adopt Fiscal Year 2022-2023 Water Rates & Charges and 8F:  Adoption of Fiscal Year 2022-2023 Budget, please click the link to the Agenda Packet (PDF).

Each fiscal year West Basin prepares a budget to reflect the financial resources needed to meet the priorities, goals, and objectives set by its Board. The Fiscal Year 2022-2023 budget was presented to the Board in a series of workshops starting in January that focused on the district’s priorities, key assumptions, program activities, and other budget considerations that determine the overall revenue requirement to deliver a budget that takes a long-term view on its fiscal management while meeting the District’s mission of providing safe and reliable water to the communities we serve.

As a water wholesaler, the District also communicated with its customer agencies by providing a summary of the proposed budget and rates and charges on April 28, 2022. The final budget for Fiscal Year 2022-2023 incorporates a pass-through of Metropolitan Water District’s rates and charges for the cost of imported water, a modest increase on the District’s reliability service charge, a reduction on its fixed service charge, and adjustments made on its recycled water rates. In addition, the budget incorporates cost containment measures to mitigate against the higher operating costs, and a responsible level of capital projects to expand recycled water use and maintain system operation, compliance and level of service.

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