FY 2018-19 and FY 2019-20 Budget and CY 2019-2020 Rates & Charges

FY 2018-19 and FY 2019-20 Budget and CY 2019-2020 Rates & Charges

For the Metropolitan Water District of Southern California, a stable financial strategy is essential to managing imported water supplies to member agencies that directly or through sub-agencies serve six counties, nearly 19 million people and half of the state's​ economy. Metropolitan adopts two-year budgets. The fiscal years 2018-19 and 2019-20 proposed spending plan and the calendar years 2019 and 2020 proposed rates and​​ charges are scheduled to be considered for adoption by Metropolitan’s Board of Directors in (April 2018) after a series of public workshops and a public hearing. The proposed budget, rates, and charges reflect a careful balance between generating revenues in a fair manner to invest in the region's water future and managing rates through steady, modest increases that reflect the cost of service.