Management & Finance

Management


MMWD is governed by a five-member board of directors, with each director elected to represent one of five geographic areas. The board appoints a general manager to supervise all district operations.

Finance: 2015/ 2016 Budget

On June 16, 2015 the MMWD Board of Directors adopted operating and capital budgets for the 2015/16 fiscal year (FY) that are lower than the budgets for the 2014/15 fiscal year, which ends June 30, 2015. The FY 2016 operating budget of $66.8 million shows a 2.3% decrease, while the capital budget of $28 million is down by 12.9%.
 
The lower expenditures reflect the drop in water sales and revenue resulting from customers' successful conservation efforts. While conservation is essential to preserving our limited water supply, the fluctuation in water sales is a challenge for the district since most of our expenses are fixed. MMWD must maintain more than 900 miles of pipe, numerous storage tanks, and pump stations regardless of the volume of water flowing through them.
 
Because MMWD operates on a two-year budget cycle, the board also adopted the 2016/17 FY operating and capital budgets. Both are slightly higher and therefore assume an improved revenue picture next year. The two-year budget is available online. 

Approximately 80% of our budget goes directly toward the cost of our water system--that is, the collection, treatment, and distribution of water, and the maintenance and replacement of facilities. The remaining 20% goes toward protecting watershed lands, conservation programs, and customer services. 

MMWD was recently awarded a Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association for the Comprehensive Annual Financial Report for the fiscal year ending June 30, 2014.

Financing Corporation


For information regarding MMWD's Financing Corporation, visit this page.