June 15, 2023 – On June 22, the San Diego County Water Authority Board of Directors will hold a public hearing about proposed wholesale water rates for 2024, followed by votes on the rate proposal and the recommended budget for the next two fiscal years.

The Water Authority Board is seeking to manage cost increases created by extraordinary inflationary pressures and depressed water sales, while at the same time protecting ratepayers, ensuring water reliability, and maintaining the Water Authority’s strong credit ratings that reduce the life-cycle cost of infrastructure. Due to its long-term commitment to strategic financial management, the Water Authority has senior lien credit ratings of AAA from Standard & Poor’s, AA+ from Fitch ratings and Aa2 from Moody’s.

The public hearing is scheduled to start when the Administrative and Finance Committee meets at 9 a.m. June 22, at 4677 Overland Avenue in San Diego. The hearing will also be livestreamed at www.sdcwa.org/about-us/board-of-directors/meetings/. Public comments will be accepted in person; via Zoom at https://us06web.zoom.us/j/83333513511?pwd=SW9VU0NQaDd3aHlsMlN4ajluUkp4dz09#success with passcode 576222; or by phone at 669-444-9171 using meeting ID 833 3351 3511# and passcode *576222# as prompted.