News Flash

CVWD News

Posted on: June 11, 2019

CVWD approves domestic rate increase

CVWD Board Room

The Board of Directors of Coachella Valley Water District (CVWD) voted Tuesday to increase domestic water rates.

The rate increase, which will go into effect on July 1, increases the average monthly bill for customers by $1.84 per month.

The increase approved by the board followed much discussion among board members and staff and some public testimony. The final rate was lower than what was recommended by staff who had noted CVWD’s upcoming capital improvement program includes important upgrades to infrastructure. Projects include miles of water main that need to be replaced and 64 reservoirs requiring inspections and rehabilitation.

Staff also cited a shift in strategy from a pay-as-you-go approach that draws from reserves to short-term and potentially long-term financing for capital improvement projects. As CVWD enters the financial markets, it needs to show that the Domestic Water fund is structurally sound.

Currently, according to the staff report, the three-year forecast shows a budget shortfall of $81 million. This is based upon a revenue forecast of $246 million, and an expense forecast of $327 million (including $261 million in operating expense, and $116 million in capital improvement programs, plus offsets of nonoperating revenues).

To close the gaps, staff outlined three options and recommended one, called Option C, that would have covered the fiscal 2020 and 2021 shortfalls in fiscal 2020 with an 18.5% increase with no rate increase anticipated for fiscal 2021.

The board instead supported the first-year plan outlined in the staff’s Option A that eliminates the shortfall for fiscal 2020 but leaves fiscal 2021 up for future deliberation.

For more information, go to www.cvwd.org/rates

The Coachella Valley Water District is a public agency governed by a five-member board of directors. The district provides domestic and irrigation water, agricultural drainage, wastewater treatment and reclamation services, regional storm water protection, groundwater management and water conservation. It serves approximately 108,000 residential and business customers across 1,000 square miles, located primarily in Riverside County, but also in portions of Imperial and San Diego counties.

Facebook Twitter Email

Other News in CVWD News

Steve Robbins Administration Building

CVWD board member appointed

Posted on: December 2, 2020
CVWD Board Room

CVWD to appoint new director

Posted on: November 10, 2020
Construction

Traffic Advisory

Posted on: September 1, 2020
CSS_Building

CVWD building receives national award

Posted on: August 26, 2020
Traffic Alert Sign

Traffic advisory

Posted on: July 8, 2020
Yellow Triangle with Exclamation Alert Web

Traffic advisory

Posted on: June 17, 2020
Yellow Triangle with Exclamation Alert Web.jpg

Traffic Advisory

Posted on: May 29, 2020
Traffic Alert Sign

CVWD urges caution during heavy rains

Posted on: March 12, 2020
LOGO With Tagline

CVWD cancels upcoming public events

Posted on: March 11, 2020
North Indio Regional Flood Control Project 2019/08/21

Media advisory for Feb. 7, 2020

Posted on: February 5, 2020
Yellow Triangle with Exclamation Alert Web.jpg

Traffic Advisory

Posted on: December 3, 2019
Yellow Triangle with Exclamation Alert Web.jpg

CVWD alerts customers about scam

Posted on: November 18, 2019
Happy computer user

CVWD launches new water blog

Posted on: November 1, 2019
CVWD recieves AMWA Award

CVWD wins 2019 AMWA Award

Posted on: October 29, 2019
Construction

Traffic Advisory

Posted on: October 10, 2019
Construction

Traffic advisory

Posted on: October 3, 2019
Construction

Traffic advisory

Posted on: October 2, 2019
CVWD website

CVWD launches upgraded website

Posted on: September 17, 2019
CVWD Annual Review 2018-2019

CVWD’s Annual Review now available

Posted on: June 28, 2019
Palm Desert Replenishment Facility Milestone Celebration

CVWD celebrates replenishment milestone

Posted on: February 20, 2019
Palm Desert Replenishment Project

Media advisory for Feb. 20, 2019

Posted on: February 19, 2019
Blurry windshield due to rain

CVWD urges caution during expected storm

Posted on: February 13, 2019
Traffic Alert Sign

IMPORTANT SAFETY ADVISORY

Posted on: February 13, 2019
Couple Paying Their Water Bill Online

CVWD expands assistance to customers

Posted on: February 13, 2019