Financial Management – The Truth about The Metropolitan Water District of Southern California

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Request for Disclosure of WaterFix Agreements

September 30, 2017in Policy Letters to MWD /

Water Authority Letter
Request to see agreements related to WaterFix implementation agreements before authorizing execution of these agreements
MWD's Letter
MWD Letter

Oppose Stopping Tax Rate From Declining

August 14, 2017in Policy Letters to MWD /

Water Authority Letter
MWD fails to provide analysis to make the case to stop the Ad Valorem tax rate from declining
MWD's Letter

Oppose Introduction of Ordinance to Issue $400 Million in Debt

May 6, 2017in Policy Letters to MWD /

Water Authority Letter
Oppose Introduction of Ordinance to Issue up to $400 Million in Water Revenue Bonds Without Analysis of Need to Issue Debt and Consideration of Alternatives to Issuing Debt
MWD's Letter

Continued Concerns with Basic Financial Statements

May 6, 2017in Policy Letters to MWD /

Water Authority Letter
Support 1-year Extension of External Auditor Contract While Expressing Concerns with Basic Financial Statements' Characterizations
MWD's Letter