SWA Governing Board Approves $72.7M Budget For Fiscal Year 2022-23

Chula Vista, Calif. – The Sweetwater Authority (Authority) Governing Board approved the $72.7M budget for fiscal year (FY) 2022-23 at its June 8, 2022 meeting.

The FY 2022-23 Budget provides a balanced approach to maintaining the Authority’s financial condition. The Authority’s volumetric, or commodity rate used to fund operations, will increase by an inflationary index and will be offset by use of reserve funds to minimize the impact to rate payers.