State Water Board Formally Returns GSP Review to DWR: The district received official notice that review of the basin’s groundwater sustainability plans has been transferred back from the State Water Board to the Department of Water Resources (DWR). This formally initiates the DWR review cycle of the 2025 Groundwater Sustainability Plans (GSPs), which DWR has indicated will take one to two years to complete. However, DWR plans to be more interactive with GSAs during this review process compared to past reviews.
S&P Rating Reaffirmed Despite Industry Downward Pressure: Standard & Poor's completed their annual bond rating review and maintained the district's current rating, citing a "very strong balance sheet" and solid financial position. This is particularly noteworthy as many irrigation districts are experiencing downward pressure on their ratings, but the district's conservative financial management and strong cash position helped maintain stability.
Already have an account? Sign In
