CHWD Focuses On Operational And Financial Efficiency

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Budget 1
CHWD Budget Breakdown Dollar Bill_12.14.2023

2024 Budget Allocation

CHWD’s 2024 budget supports priority projects such as Project 2030, expanding the Groundwater Program, replacing aging water meters, and helping customers use water efficiently. CHWD focuses on efficient operations and maintenance, infrastructure repairs, and replacements and upgrades. Customers will continue to receive value-added water efficiency services as CHWD advocates on our customers' behalf with regional, state, and federal interests.

2024 CHWD Budget Overview

Total Budget: $30.9 Million

2024 Capital Improvement Budget:

  • Budget of $13.8 Million
    • $4.2 million of which carried over from 2023.
    • Includes approximately $4.5 million for completing the construction of the District’s seventh groundwater well and $1.9 million for the design and construction of the District’s eighth groundwater well.
    • A major CIP budget for Corporation Yard starts in 2024: $400,000 is budgeted for the designing of the project in 2024


Water Main Replacement Dedicated Charge

The dedicated charge on your bill is attributed to Project 2030, specifically for the replacement of the water main. The Project 2030 funding plan balances pre-funding in the years leading up to 2030, pay-as-you-go, and some debt financing.

This funding plan ensures intergenerational equity, which allows the responsibility of funding Project 2030 to be equitably distributed across current and future customers.

Capital Improvement Program

The largest expenditure of the District’s total budget is reinvested back into the water system through CHWD’s Capital Improvement Program (CIP). The CIP helps CHWD maintain its infrastructure, increases needed capacity and allows for the delivery of water today while focusing on long-term water needs.

CHWD 2024 Budget

CHWD’s fiscal year aligns with a calendar year, January-December.

2024 CHWD Budget Highlights

2024 Budget Considerations

  • Operations and maintenance expenses expected to increase
  • Purchased water costs expected to increase due to increased fixed charges from the San Juan Water District
  • Capital Improvement Program Projects

- Mains
- Meters
- Groundwater Wells

Focus on Long-Range Planning

  • Meter Replacement Study
  • Project 2030 Water Main Replacement Program
  • Water Supply— Complete Aquifer Storage Recovery (ASR) Feasibility Study in Partnership with the Regional Water Authority (RWA).
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Budget Process Overview

Budget process overview chart

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.

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: