All three major rating agencies – S&P, Moody’s, and Fitch – have affirmed the San Diego County Water Authority’s strong credit ratings, which will help the Water Authority optimize its debt portfolio and minimize the cost of financing important water reliability projects.
March 17, 2021 – All three major rating agencies – S&P, Moody’s, and Fitch – have affirmed the San Diego County Water Authority’s strong credit ratings, which will help the Water Authority optimize its debt portfolio and minimize the cost of financing important water reliability projects. The reports cited the Water Authority’s strategic management, its conservative approach to water sales projections, and the benefits of the Water Authority’s rate case litigation that recently resulted in $44.4 million being refunded to local retail water agencies – among many other factors.
No matter whether their landscaping is just a few square feet alongside a front porch or estate acreage, thousands of San Diego County residents have learned to embrace sustainability as a central principle for creating and renovating their landscapes. The San Diego County Water Authority offers financial incentives and educational resources to customers in Fallbrook and Rainbow to improve their landscaping.
The Advisory Committee on the Fallbrook/Rainbow Detachment convened by San Diego’s Local Agency Formation Commission met Feb. 1, and by the next advisory committee meeting scheduled for April 5, consultant Michael Hanemann will have a recommendation on the supply reliability issue associated with the Fallbrook Public Utility District and the Rainbow Municipal Water District plans to detach from the San Diego County Water Authority and annex into the Eastern Municipal Water District.
Hoch Consulting has been given the Rainbow Municipal Water District contract to design the Hutton and Turner pump stations.
The work which includes the replacement of the Rainbow Municipal Water District’s Lift Station No. 1 will have an environmental Mitigated Negative Declaration along with a Mitigation Monitoring and Reporting Program.
The Rainbow Municipal Water District board selected Hayden Hamilton to be the board president for 2021 and 2022 meetings.
Bonsall resident Andy Vanderlaan will chair the 2021 meetings of San Diego County’s Local Agency Formation Commission, and he was also reappointed for another four-year term on the LAFCO board.
One 8-0 LAFCO vote Dec. 7 reappointed Vanderlaan as LAFCO’s public member. A separate 8-0 vote elected Vanderlaan as the LAFCO board chair for 2021 while electing County Supervisor Jim Desmond as the vice-chair for the 2021 meetings.
Bonsall resident Andy Vanderlaan will chair the 2021 meetings of San Diego County’s Local Agency Formation Commission, and he was also reappointed for another four-year term on the LAFCO board.
One 8-0 LAFCO vote Dec. 7 reappointed Vanderlaan as LAFCO’s public member. A separate 8-0 vote elected Vanderlaan as the LAFCO board chair for 2021 while electing County Supervisor Jim Desmond as the vice-chair for the 2021 meetings.
The public member’s term actually expires in April 2021. LAFCO had the option of reappointing Vanderlaan or seeking additional applicants. The reappointment of Vanderlaan was contingent upon his willingness to serve a seventh term. “I’m inclined to do that,” he said.
The San Diego County Water Authority board meeting Thursday, Nov. 19, approved the 2021 weighted vote allocations for SDCWA member agencies and the weighted vote for the Rainbow Municipal Water District, the Fallbrook Public Utility District and U.S. Marine Corps Base Camp Pendleton will decrease from the agencies’ 2020 vote entitlements.
The Water News Network is San Diego County’s source for water news and information.
