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The District secured favorable funding for the Reservoir Seismic Retrofit and Replacement Project which will upgrade water storage facilities, some of which are nearly 100 years old. Scheduled reservoir improvements include roof replacements. Robust daily production capacity and well-situated reservoirs ensure operational flexibility and sufficient water supply throughout the District. Set to begin this fall […]

Earlier this month S&P Global Ratings announced the long-term rating on Montecito Water District California’s series 2020A water revenue refunding bonds increased to ‘AA-‘ from ‘A+’. The report references a stable outlook and access to water from the City of Santa Barbara Charles E. Meyer desalination plant (through the Water Supply Agreement beginning in 2022) […]