Assistant General Manager – Chief Financial Officer at Western Mun Water Dist Of Riverside
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Controller
Deputy Director of Engineering
Deputy General Manager
Director of Engineering
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Public documents that mention Richard Aragon.
The committee reviewed and filed several financial reports, including the cash disbursement report, expenditures from the proceeds of water revenue bonds and revolving notes, and the operating budget to actual report. Additionally, the Chief Financial Officer provided updates regarding CalPERS earnings, the status of the annual audit, and the completion of a debt issuance.
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The Board approved a landscape construction contract for the Bergamont Booster Pump Station turf replacement project and a budget amendment for the Woodcrest-Rinehart Waterline Relocation Project. A resolution was adopted to rescind outdated purchasing policies in favor of clarified emergency authority guidelines. The Board also received a report concerning the emergency repair of the Mills Gravity Line and declared a continued state of emergency for the facility. Finally, the Board reviewed the July 2026 investment report.
The Finance Committee meeting agenda focuses on the review and filing of the Quarterly Investment Report and recent Cash Disbursement Reports. Additionally, the committee will receive updates via the General Manager Report and the Assistant General Manager/Chief Financial Officer Report, followed by directors' reports and requests.
The board meeting included a roll call and a pledge of allegiance. A presentation was delivered by a professor from the University of California, Riverside regarding water expenditure ratios and affordability within the Metropolitan Water District service area. The presentation examined how water costs compare to income levels for various agencies, including an analysis of how disadvantaged communities and lower-income households are impacted by water affordability metrics, and how the district compares to other regional agencies in this context.
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