Board meetings, strategic plans, and buyer signals from Joseph M Marcinko’s organization
Jun 16, 2026·BoardMeeting
Board
Finance Committee Of The Palmdale Water District Meeting
The Committee reviewed cash balances and investment fund reports, including the performance of various bank accounts and US Government securities. Financial statements, revenue, expenses, and departmental budget reports were discussed, highlighting positive net income and strong asset growth. The committee received reports from the Finance Manager and Financial Advisor regarding revenue projections, billing statistics, and debt service coverage status. Committed contracts and bond-funded projects were reviewed, specifically noting project progress on the Pure Water AV Demonstration Facility and other regional water augmentation programs.
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Palmdale Water District Board Of Directors Regular Meeting
The board meeting agenda focused on several key action items, including a public hearing for the adoption and implementation of the 2025 Urban Water Management Plan and the 2025 Water Shortage Contingency Plan, and the approval of the 2026-2027 Annual Water Supply and Demand Assessment. Additionally, the board considered authorizing change orders and contract amendments for geotechnical inspection and materials testing for the Palmdale Ditch Conversion Project, as well as recruitment services for temporary staffing. Information items included reports on standing committee meetings, agency liaisons, department activity updates, and reports from the General Manager and General Counsel.
May 26, 2026·BoardMeeting
Board
Palmdale Water District Board Of Directors Regular Meeting
The board discussed and considered several action items including an amendment to a contract for the rehabilitation of Wells 2A and 3A, the approval of a contract for roof repair at the T-8 booster station, and the authorization of professional services agreements for recruitment services. Information items included finance reports regarding cash balances, investments, and departmental budgets, as well as reports from standing committees and the general manager.
May 19, 2026·BoardMeeting
Board
Finance Committee of the Palmdale Water District Meeting
The committee reviewed financial reports, including cash balances, investment funds, and departmental budget performance for the first quarter. Discussions addressed grant funding, contract commitments, debt service coverage, and revenue projections. The committee also evaluated variances in departmental expenditures, including overages in IT software maintenance, and noted the overall positive net income for the quarter.
Extracted from official board minutes, strategic plans, and video transcripts.
