The Board has adopted a facilities plan that intends to meet the demands of our member agencies in the most cost effective manner.
/1 = Objective met | /2 = Objective on track | /3 = Objective not met
Capital Financing | Strategy 2
Objective
No.
Long Term
Performance
Business Plan Supporting Goal
Status
Charts
Target
Current Year Actual
Cumulative Actual through Prior Period
By June 30, 2008, prepare a Long Range Financing Plan to determine the best fit and structure of an upcoming debt issue. Take into account such things as reserves, bond ratings, coverage ratios, insurance, and political climate to position the Water Authority to achieve the minimum net cost of funds when debt financing capital improvements.
By June 30, 2010, conduct outreach programs to investors and credit rating agencies to assure them of our financial stability and ability to pay our obligations.
The Water Authority's water rate increases to our retail agencies are smooth and predictable.
"
/1 = Objective met | /2 = Objective on track | /3 = Objective not met * Target date was updated to correspond with the 2015 Business Plan
Facilities Operation & Maintenance | Strategy 3
Objective
No.
Long Term
Performance
Business Plan Supporting Goal
Status
Charts
Target
Current Year Actual
Cumulative Actual through Prior Period
By January 1, 2009, adopt an integrated asset management plan that will be used to support all budget proposals related to water assets for the next two-year budget.
1
100% complete
100% complete
By January 1, 2010, water Authority board will adopt a policy regarding funding of asset replacement.
2
100% complete
100% complete
Successful when:
System reliability meets member agency requirements.
We have agreed on the funding mechanisms we will use to replace our capital assets.
/1 = Objective met | /2 = Objective on track | /3 = Objective not met
/1 = Objective met | 
/2 = Objective on track | 
/3 = Objective not met