Financial Plan and Rate Study

Financial Plan and Rate Study

The District has completed a comprehensive update of its five-year financial plan. It identifies the revenues needed to provide long-term, quality service to our community. The proposed rate changes ensure the rates paid by customers are adequate to fund the District's operations and essential system upgrades, and restore the reserves needed for emergencies.

More Information About Long-Range Planning for Efficient Service

Montecito Water District has adopted a series of long-range plans, laying out cost-effective actions needed to provide continued quality water service. These include financial plans, capital facility plans, water supply plans, and others. Long-range planning makes it possible to cost-effectively obtain, treat and deliver water, which requires hundreds of millions of dollars of investments in facilities.

A copy of the Five-Year Rate Plan can be found on the Public Information Page under "Financial"

 

 

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