CVWD Approves $376 Million Budget, No Rate Increases

The Coachella Valley Water District’s board of directors on Tuesday voted to approve a  $376 million budget for the upcoming fiscal year, which begins July 1. The budget notably will not include rate increases even though CVWD — which has a service area of roughly 1,000 square miles and includes about 108,000 homes and businesses — had planned to implement one this year. The new math comes after the water district ripped up its previously proposed budget in May due to the economic slowdown caused by the response to the coronavirus.