District Finances

Water Rates and Budget Adopted for 2017

Changes in customer water rates become effective on January 1, 2017. The 2017 rates, charges and fees were adopted by the CHWD Board of Directors at a public hearing on Tuesday, November 15, 2016. The Operating Budget and Capital Improvement Budget for 2017 were also adopted at the meeting. Adoption took place following a Public Hearing where comments were received from customers in attendance at the meeting. Directors also considered letters protesting the proposed rate adjustments that were received from property owners in the District.

For a typical household account with a one-inch water meter, representing about 84% of CHWD’s accounts, the 2017 rates would result in an approximate $12.86 increase on the bi-monthly bill, or approximately $6.43 per month from the base rate.

Information on the water rates for 2017, and on the adopted Operating and Capital Improvement Budgets, can be viewed by clicking on the links below.

2017 Rates, Charges and Fees

2017 Operating Budget Summary

2017 Capital Improvement Budget Summary

 

Historical Water Rates and Budget

2016

2016 Rates Charges and Fees
2016 Operating Budget Summary
2016 Capital Improvement Budget Summary

2015

2015 Rates Charges and Fees
2015 Water Shortage Rate Structure
2015 Operating Budget Summary
2015 Capital Improvement Budget Summary

2014

2014 Rates Charges and Fees
2014 Operating Budget Summary
2014 Capital Improvement Budget Summary

2013

2013 Rates Charges and Fees
2013 Operating Budget Summary
2013 Capital Improvement Budget Summary

2012

2012 Rates Charges and Fees
2012 Operating Budget Summary
2012 Operating Budget Summary

2011

2011 Rates Charges and Fees
2011 Operating Budget Summary
2011 Capital Improvement Budget Summary

2010

2010 Operating Budget Summary
2010 Capital Improvement Budget Summary

District Financial Audit

An independent audit of the District’s financial records and practices is performed annually in compliance with CHWD Policy No. 6010. The audit is performed by an independent certified public accounting firm that reports directly to the District’s Board of Directors. We are pleased that the annual financial audit shows that the District’s financial records are in good shape, and its accounting practices conform with Generally Accepted Accounting Principles. In some years, the Independent Auditor also prepares a Management Letter that provides comments on District internal controls and operations, with suggestions regarding matters identified as opportunities for strengthening internal controls and operating efficiency.

Copies of the most recent five years’ Independent Auditor’s Reports that include the Financial Statements, Supplemental Information and the Management Letter where applicable can be viewed by clicking on the links below:

Citrus Heights Water District

Independent Auditor’s Report for 2015

Independent Auditor’s Report for 2014
Independent Auditor’s Report for 2013
Independent Auditor’s Report for 2012
Independent Auditor’s Report for 2011
Independent Auditor’s Report for 2010