Despite ‘Multitude of Risks,’ San Diego Region Could Tap Cash Reserves to Blunt Spiking Water Rates

San Diego leaders have directed the region’s water wholesaler to pinch every penny this year in the agency’s $1.8 billion budget, as ratepayers continue to grapple with ever-higher utility bills.

The San Diego County Water Authority has in response made substantial changes to its spending plan, looking to cut several positions and delay about $48 million in capital projects, including a pumped hydropower facility at San Vicente Dam.