Financial Highlights
Marin Water ended the 2024-2025 fiscal year in a solid financial position, with adequate reserves and an improved net position compared to 2023-2024. Operating revenues increased due to an increase in the water rates and increased water consumption. The District’s capital assets increased due to assets under construction. Operating expenses increased due to increases in the cost of water purchased and other operating expenses.
The current adopted budget for Fiscal Year 2025-2026 is $186.5 million, which includes an operating budget of $114.4 million, a capital budget of $67.2 million and $5 million in reserve contributions. The budget includes enhanced funding for water supply, deferred infrastructure projects, and enhanced funding for the watershed.
Our fiscal goal is to responsibly manage our resources with care, foresight and transparency. Throughout the year, our team is responsible for implementing the budget, monitoring financial performance, and maintaining prudent reserves.
Financial Documents – Budgets, Annual Reports & Quarterly Reports
Budgets
- Operating and Capital Budget for Fiscal Years 2025-26 and 2026-27
- Operating and Capital Budget for Fiscal Years 2023-24 and 2024-25
- Operating and Capital Budget for Fiscal Years 2021-22 and 2022-23
- Operating and Capital Budget for Fiscal Years 2019-20 and 2020-21
- Operating and Capital Budget for Fiscal Years 2017-18 and 2018-19
Annual Reports
- 2025 Annual Comprehensive Financial Report
- 2024 Annual Comprehensive Financial Report
- 2023 Annual Comprehensive Financial Report
- 2022 Annual Comprehensive Financial Report
- 2021 Annual Comprehensive Financial Report
- 2020 Annual Comprehensive Financial Report
- 2019 Annual Comprehensive Financial Report