Board meetings, strategic plans, and buyer signals from Liviu Rosu’s organization
Oct 1, 2026·BoardMeeting
Board
Rancho California Water District Finance And Audit Committee And Special Meeting Minutes
The committee reviewed and accepted the final audit reports of financial statements and the Annual Comprehensive Financial Report, authorizing its submission for financial reporting awards. Amendments to the Conflict of Interest Code were approved. The committee reviewed financial statements, the treasurer's report, and cash sufficiency data, while also ratifying the register of audited demands and purchasing card transactions. Additionally, an update was provided on the pension funding status and the implementation of a new amortization schedule for the unfunded accrued liability, alongside a review of purchasing reports.
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The board approved a biennial task order for construction management and inspection support services, authorized the execution of a certificate of parcel merger, and revised the district's investment policy. Additionally, the board approved a letter to the Metropolitan Water District regarding Pure Water Southern California funding decisions, adopted a resolution opposing the Golden Pacific Powerlink Project route through the Temecula Valley, awarded a design-build contract for the Mid-Pauba Groundwater Banking Project, and approved a second amendment to the general manager's employment agreement.
Sep 3, 2026·BoardMeeting
Board
Rancho California Water District Finance And Audit Committee And Special Meeting
The Committee and Board reviewed investment reports and portfolio status as of June 30, 2026, and discussed CalFIT investment pool options. Revisions to the District's Investment Policy were considered and approved for recommendation. The treasurer's report and cash sufficiency data as of July 31, 2026, were reviewed. A progressive design-build contract with Steve P. Rados, Inc. for the Mid-Pauba Groundwater Banking Project was discussed. A resolution opposing the Golden Pacific Powerlink project route was reviewed and recommended for adoption. The Board formally appointed Jennifer Serna as Secretary of the Board. Additionally, the Committee reviewed financial statements, audited demands, and purchasing card transactions, and received informational presentations regarding fiscal year 2025/2026 results, per diem and travel expenses, and purchasing reports.
Sep 3, 2026·BoardMeeting
Board
Rancho California Water District Special Board Meeting
The Board convened a special meeting to address agency business. Following the formal approval of the agenda, the Board moved into a closed session to conduct a conference with labor negotiators regarding the General Manager, after which the open session was reconvened with no reportable action taken.
Extracted from official board minutes, strategic plans, and video transcripts.
