News Release Term: Finance

09.09.2015

The San Diego County Water Authority on Wednesday priced a $195 million bond sale that will reduce the cost of financing vital water supply reliability projects over the next two decades.

06.25.2015

The San Diego County Water Authority’s Board of Directors today adopted a $1.5 billion budget for fiscal years 2016 and 2017, up 2 percent from the current two-year budget due largely to higher ...

05.28.2015

The San Diego County Water Authority’s general manager on Thursday recommended a $1.5 billion budget for fiscal years 2016 and 2017, up 2 percent from the current two-year budget due largely to ...

08.28.2014

The San Diego County Water Authority’s Board of Directors today voted unanimously to support Proposition 1, a $7.5 billion state water bond measure on the Nov. 4 ballot. If passed by ...

08.13.2014

The San Diego County Water Authority today announced its full support for Senate Bill 866 (Wolk/Steinberg) and Assembly Bill 1471 (Rendon/Atkins), companion $7.545 billion state water bond measures...

06.26.2014

The San Diego County Water Authority today cut its current two-year budget by $37 million, or 2.5 percent, as part of its ongoing effort to reduce costs, adopt efficiencies and leverage ...

03.10.2014

SAN DIEGO -- The Metropolitan Water District of Southern California is collecting excess funds from Southern California water ratepayers at the rate of about $707,000 a day, according to new data ...

11.08.2013

The Carlsbad Desalination Project on Friday was named the “Far West Deal of the Year” for 2013 by The Bond Buyer magazine, making it eligible for the publication’s top national...

10.28.2013

The San Diego County Water Authority on Monday was one of six public water agencies nationwide to receive a Platinum Award for Utility Excellence from the Association of Metropolitan Water ...

06.27.2013

The San Diego County Water Authority’s Board of Directors on Thursday approved wholesale water rates for calendar year 2014 and adopted a $1.5 billion budget for fiscal years 2014 and 2015...

05.23.2013

The San Diego County Water Authority’s General Manager on Thursday recommended a $1.5 billion budget for fiscal years 2014 and 2015, up 5.2 percent from the current two-year budget mostly ...

05.15.2013

The San Diego County Water Authority on Wednesday announced that it will propose increasing rates charged to its member agencies by 2.6 percent for untreated water and 3.5 percent for treated ...

01.15.2013

A Superior Court judge on Tuesday granted the San Diego County Water Authority’s motion to amend a lawsuit against the Los Angeles-based Metropolitan Water District of Southern California.

05.01.2012

The San Diego County Water Authority received its 13th Distinguished Budget Presentation Award from the Government Finance Officers Association of the United States and Canada, which is the ...

03.26.2012

The San Diego County Water Authority has submitted a proposal to the Metropolitan Water District of Southern California to cap its “average” rate increases for 2013 and 2014 at 3 percent. ...

02.17.2012

San Francisco Superior Court Judge Richard A. Kramer today reaffirmed his January 6 order granting discovery in the San Diego County Water Authority's lawsuit challenging 2011 and 2012 water rates ...

01.06.2012

San Francisco Superior Court Judge Richard A. Kramer today granted motions to allow discovery in the San Diego County Water Authority’s case against the Metropolitan Water District of Southern ...

01.04.2012

Following today’s ruling by San Francisco Judge Richard A. Kramer, three of the San Diego County Water Authority’s additional causes of action will be heard as part of a lawsuit it filed in ...

09.08.2011

The San Diego County Water Authority this week completed a $94.5 million bond sale that will help reduce the cost of financing vital water supply reliability projects by $5.2 million on a ...

08.25.2011

Solar electric systems capable of producing approximately 2.6 million kilowatt-hours of electricity combined per year are now in operation at three San Diego County Water Authority facilities.&...

07.28.2011

The San Diego County Water Authority this week completed a $139.9 million bond sale that will help reduce the cost of financing vital water supply reliability projects.

The sale, ...

07.12.2011

The San Diego County Water Authority today successfully completed bond sales of $86.63 million as part of its strategy to diversify its debt portfolio and reduce the rate volatility and cost of ...

06.23.2011

The San Diego County Water Authority Board of Directors today approved a $1.42 billion budget to fund water purchases, capital expenditures, debt service and operating expenses from July 1, 2011...

06.16.2011

The San Diego County Water Authority has received the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association of the United States and ...

06.14.2011

San Diego ratepayers will pay nearly $23 million to the Metropolitan Water District of Southern California (MWD) this year to help fund local conservation and water supply development projects like...

10.14.2010

The San Diego County Water Authority has signed a 20-year agreement with San Diego-based Borrego Solar Systems, Inc. to install and operate solar electric power systems at three major Water ...

06.24.2010

After weighing a number of options designed to ensure the successful construction of the nation’s largest seawater desalination plant, the San Diego County Water Authority Board of Directors ...

06.24.2010

The San Diego County Water Authority Board of Directors today adopted rates and charges for water purchased in calendar year 2011 by the Water Authority’s 24 member retail agencies.  The ...

06.10.2010

   The San Diego County Water Authority Board of Directors today unanimously approved filing suit against the Metropolitan Water District of Southern California challenging the 2011 and ...

05.27.2010

The San Diego County Water Authority Board of Directors today voted to adopt a position of oppose on Proposition 16, a statewide initiative that would amend the state constitution to require a two-...

05.11.2010

The San Diego County Water Authority has been awarded the Distinguished Budget Presentation Award for its Fiscal Year 2010 and 2011 budget by the Government Finance.

Officers Association ...

01.21.2010

The San Diego County Water Authority on Wednesday successfully completed bond sales of $627 million to provide continued funding for the Water Authority’s Capital Improvement Program (CIP). ...

12.17.2009

The San Diego County Water Authority Board of Directors approved issuing up to $686 million in debt, Water Revenue Bonds Series, 2010A and 2010B, to provide continued funding of its Capital ...

06.25.2009

The San Diego County Water Authority Board of Directors today approved a $1.65 billion, two-year budget to fund water purchases, debt service, capital improvements and Water Authority operations ...

05.28.2009

To lessen the impact of water supply reductions on the San Diego region, the San Diego County Water Authority’s Board of Directors today authorized the general manager to acquire up to 20,000 ...

04.14.2009

In response to continuing drought conditions and regulatory restrictions on water supplies from Northern California, water supply deliveries from the Metropolitan Water District of Southern ...

08.29.2008

The San Diego County Water Authority has been awarded a $1.37 million urban drought assistance grant from the Department of Water Resources (DWR).

“We greatly appreciate the ...

07.23.2008

The California Department of Water Resources (DWR) has approved a grant package worth at least $20.6 million that will provide funding for 20 local projects designed to improve the San Diego region...

04.24.2008

The San Diego County Water Authority announced that the credit rating agency Standard & Poor's upgraded the Water Authority’s bond rating from its current level of "AA" to "AA+" on April 22. ...

06.28.2007

The San Diego County Water Authority board of directors today approved a $1.48 billion budget for fiscal years 2008 and 2009 that funds the agency’s operations and capital improvements, a 10.4 ...

06.23.2005

The San Diego County Water Authority board of directors today approved a $1.338 billion budget for fiscal years 2006 and 2007 that funds the agency’s operations and capital improvements. The ...

11.18.2004

Moving rapidly to increase the San Diego region’s ability to produce needed supplies of treated water, the San Diego County Water Authority board of directors today approved the required ...

08.26.2004

Taking the next critical step towards water supply diversity and reliability today, the San Diego County Water Authority board of directors approved a long-range financial plan for its Capital ...

06.24.2004

Confirming its commitment to water supply diversity and reliability, the San Diego County Water Authority board of directors approved the addition of the Regional Water Facilities Master Plan ...

01.29.2004

Entering in to its second hydroelectric power purchase deal in the last two months, the San Diego County Water Authority board of directors today approved a 25-year agreement to sell electricity ...

11.20.2003

Editors/Reporters information links:

For information on the Water Authority’s power strategy: Power

Making...

06.27.2003

The San Diego County Water Authority board of directors yesterday approved a multiyear budget of $439.5 million and $461.1 million for fiscal years 2004 and 2005, respectively. The move to a ...

07.01.2002

The board of directors of the San Diego County Water Authority approved a new system of rates and charges to fairly allocate the costs of providing water and other services to member agencies. The ...

07.01.2002

The board of directors of the San Diego County Water Authority approved a $479.9 million budget that will allow the Water Authority to continue providing a safe, reliable water supply to the region...

05.23.2002

The bond rating for the San Diego County Water Authority was upgraded on May 9 by Standard & Poor's, a rating agency, from its current level of "AA-(minus)" to "AA." Two other rating agencies, ...

04.03.2002

The San Diego County Water Authority board of directors has voted to refund $7.159 million in water sales revenues to its member agencies. The checks are scheduled to be issued on April 12, 2002, ...

12.06.2001

The San Diego County Water Authority's 23 member agencies will receive part of a refund totaling $8,702,315, the Authority's share of a credit for water rate-overcollections by the Metropolitan ...

06.28.2001

The board of directors of the San Diego County Water Authority today approved a $436 million budget for fiscal year 2002 that allows the Water Authority to continue providing a safe, reliable water...

05.24.2001

In a move aimed at ensuring a reliable water supply for the San Diego region, the San Diego County Water Authority’s board of directors today voted to increase the basic cost of water to its ...

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