Western Municipal Water District Finance Committee Meeting
The committee reviewed and recommended items to the full Board of Directors, including the adoption of rates and conditions for the disposal of non-reclaimable wastewater into the Inland Empire Brine Line and pretreatment compliance fees for the 2026-2027 fiscal year. Additionally, the committee discussed the adoption of budgets and the levy of special taxes for Community Facilities Districts, received cash disbursement reports, and reviewed operating budget reports. The committee also received reports from the General Manager and the Assistant General Manager/Chief Financial Officer regarding water agreements and deliveries.
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Western Municipal Water District Finance Committee Meeting
The Finance Committee discussed several investment and financial matters, including the review of the Quarterly Investment Report, the transfer of unclaimed monies to the General Fund, and the approval of updated investment policies for the upcoming fiscal year. The committee also reviewed annual purchase orders and contracts exceeding $200,000, evaluated the budget for the Western Riverside County Regional Wastewater Authority, and deliberated on a resolution to set water rates and charges for wholesale agencies. Additionally, staff reports were provided regarding the General Manager's activities, financial updates, and legislative impacts on low-income assistance programs.
