Successful Pipeline 4 Repair Saves San Diego County Ratepayers Money

Tens of millions of gallons of water will soon be flowing again through a major pipeline in North County following successful repairs on a distressed section of Pipeline 4 near Bonsall. San Diego County Water Authority staff detected potential pipeline weaknesses just north of West Lilac Road in late January using real-time acoustic fiber-optic monitoring. This technology locates distressed sections of pipelines even while they are in use as part of the agency’s high-tech asset management program. The repair is part of the Water Authority’s proactive approach and long-term commitment to maintaining regional water supply. Strategic investments in money-saving management tools […]

Water Authority Executes $627 Million Bond Sale

The San Diego County Water Authority on Wednesday successfully completed bond sales of $627 million to provide continued funding for the Water Authority’s Capital Improvement Program (CIP).  High investor demand for the bonds helped the Water Authority secure very low interest rates that will save its ratepayers over $50 million in financing costs on a present value basis over the life of the bonds.

Water Authority Defers 11 Projects to Help Manage Rates

In response to reduced short-term water demand projections and changing economic circumstances, the San Diego County Water Authority Board of Directors today approved deferring the construction of 11 infrastructure projects to July 2014 or later.  This action postpones $82 million in costs and will help moderate Water Authority rate increases in 2012 and 2013. 

The board also directed staff to evaluate three other projects, totaling $68 million, for potential deferral. Staff will return to the board in February with a recommendation.

Water Authority Defers Three Additional Capital Projects Until July 2014

In response to lowered short-term water demand forecasts, the San Diego County Water Authority Board of Directors has deferred three capital projects totaling $68 million until at least July 2014. Thursday’s Board action, combined with 11 projects deferred in January 2011, postpones $150 million in capital expenditures and is projected to reduce wholesale rate increases from capital projects by $17 to $22 per acre-foot during the deferral period.