Todd Landen

This document outlines the 5-Year Capital Improvement Plan (2026-2031) and proposed Fiscal Year 2026/2027 projects, detailing financial projections, including proposed capital expenditures totaling $140.5 million for the five-year period and $18.5 million for FY 2026/2027, alongside funding allocations across Rancho, Santa Rosa, Resource, and Wastewater divisions. The plan also covers critical assumptions for the Non-Operating Budget, project updates on groundwater banking and treatment strategies (PFAS and Arsenic), Vail Dam remediation, and vehicle replacement. The overall aim is to manage capital assets, ensure fiscal stability, and enhance water supply and storage resiliency through planned infrastructure improvements and strategic resource management.

The committee reviewed the Western Municipal Water District strategic updates, including water supply portfolio management, infrastructure investments, regional partnerships, and legislative engagement. The finance portion of the meeting focused on the financial statements as of February 28, 2026, covering net operating revenue, operating expenses, water sales, and wastewater treatment costs. Staff recommended the board approve the presented financial statements.

The committee and board conducted a semi-annual review of the district's investment portfolio and treasurer's report, and performed an annual review regarding compensation for members of the Board of Directors. Additional agenda items included the approval of a modified meeting cancellation schedule for 2026, a presentation on water sales projections for the upcoming fiscal year, and the review and acceptance of financial statements. Furthermore, the committee reviewed the registers of audited demands and purchasing reports, with the registers being forwarded to the Board for further review.

The meeting commenced with the approval of the agenda, with one item pulled for a future meeting. Action items included the review and approval of the recommended Groundwater Production for Fiscal Year 2026/2027, which involved a presentation on the Hydrologic Outlook, data modeling from an external service, and approval of an 80% pumping increase due to the expansion of the Upper Valle de Los Caballos. Another key action was the approval of an Agreement for Professional Services with Gillis + Panichapan Architects, Inc., amounting to $82,290, for Phase 2 Design of the Atrium Roof Replacement and Roofing Repairs. Information items covered an overview of the selection process for On-Call Biennial Professional Consulting Services, an update on the Fiscal Year 2025/2026 Vehicle Fleet Replacement Program including grant funding for charging stations, project status reports for Capital Improvement Projects, and operations reports detailing Total Dissolved Solids concentrations in imported water.

The joint regular meeting covered several key areas. Employee recognitions were presented for operations staff achieving Water Distribution D1, D2, D3, and Water Treatment Operator T2, T3 certifications. An update was provided regarding the Temecula Vail Lake/Kampgrounds of America property. The Board adjourned to closed session to discuss labor negotiations with both the Employees' Association and the Management, Professional, and Confidential Employees' Association. Upon reconvening, the Board approved new Memoranda of Understanding for both employee associations. Further action included ratifying appointments to various Standing Policy and Ad Hoc Committees for Calendar Year 2026, adopting resolutions concerning administrative aspects such as authorizing electronic mail signatures for financial accounts and rescinding previous related resolutions, and approving and accepting the final Single Audit Report, which resulted in an unmodified opinion. The Financing Authority portion of the meeting included the ratification of appointed officers.