Commerce, CA – The Central Basin Municipal Water District continues to take action to address recommendations from the State Auditor. At the January Meeting, the Board of Directors adopted key revisions that include: adopting an independent Special Counsel for ethics investigations; adopting a General Manager Termination Policy; eliminating individual Director Outreach funds; reducing Director Car Allowance; and requiring Brown Act training for Directors and staff.
Commerce, CA – In a spirit of collaboration and with a commitment to improved governance, transparency and financial stability, the Central Basin Municipal Water District (District) is reviewing and addressing the recommendations in the State Audit Report released today. The State Audit Report provides valuable insight on steps the District can take to enhance its operations, while recognizing key improvements that have taken place.
Commerce, CA – The Central Basin Municipal Water District has been recognized by the Municipal Information Systems Association of California (MISAC) with the Award for Achievement in Information Technology Practices for the 8th consecutive year. The District earned this prestigious award by surpassing information technology standards.
Commerce, CA – The Central Basin Municipal Water District Board of Directors have approved a series of measures to strengthen the District’s Ethics Policy and create a fully independent process for reviewing ethical complaints. These actions will improve transparency and accountability with respect to the District’s governance.
Commerce, CA – The Central Basin Municipal Water District has received the Transparency Certificate of Excellence by the Special District Leadership Foundation (SDLF) in recognition of its efforts to promote transparency and good governance.
Commerce, CA – The Central Basin Municipal Water District has received the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association (GFOA) for the District’s 2014 Comprehensive Annual Financial Report (CAFR).
Commerce, CA – The Central Basin Municipal Water District is working with Moody’s Investor Service as they review the District’s Aa3 Certificates of Participation. This review is in alignment with Moody’s policy of performing a surveillance review on every creditor in its portfolio at least once a year. Moody’s officials have indicated that it will be closely reviewing all California water and sewer agencies within its portfolio this year that rely on volumetric sales as a result of the State of California’s new conservation standards.