OPINION: Send the Right Price Signal: Raise Rates and Repeal the MWD’s Property Tax

The Metropolitan Water District of Southern California proposed biennial budget contemplates a 9.5% increase in its rates for the next two years that it charges its 26 agencies. This is an increase from 8.5% increase over the last two years.

MWD is also proposing to maintain its current property tax rate at 0.007% on the Assessed Value of the properties located in its 5,200 square mile service territory. For a $1 million residence, the tax is $70. This tax is designed to raise $404 million for the 2027 fiscal year. In the last budget cycle, this property tax was doubled.