News Flash Home
The original item was published from 6/13/2019 2:57:00 PM to 3/5/2020 7:26:30 AM.

News Flash

Press Releases

Posted on: June 13, 2019

[ARCHIVED] SWA Board approves $77M budget for fiscal year 2019-20

Gavel on table

Chula Vista, CA – The Sweetwater Authority (Authority) Governing Board approved the budget for fiscal year 2019-20 at its June 12, 2019, meeting. The Board worked closely with Authority staff to produce a balanced budget that minimizes the financial impact to customers. Most notably, the budget reflects a considerable decrease in the purchase of expensive imported water as a result of above average rainfall and a successful stored water transfer from Loveland Reservoir to Sweetwater Reservoir in February 2019.

“I am proud of the budget approved by the Board. With the help of our staff, we prioritized water quality for our customers by expediting the development of additional filtration measures in the City of National City to make more use of low cost local water,” said Board Chair Steve Castaneda.  “The Board also postponed approximately $3.5 million of expenditures in advance of studies that could advise better efficiency and value by extending the life of existing assets. The Board also approved an initiative for a first ever Citizens’ Advisory Committee that will provide valuable input to the Board in maximizing efficiency and fairness in District expenditures and rates. We expect these actions to generate benefits for ratepayers for years to come.” 

Facebook Twitter Email