1. Valley Water's Short-Term Water Demand Forecasts Are Highly Accurate — Good News for Rate Stability Baker Tilly's performance audit found that Valley Water's short-term demand forecasting model (used for rate setting and budgeting over ~10 years) was highly accurate from FY2020–2024, with minimal variances between forecast and actual demand. The model met 8 of 9 industry best practices. The main recommendation was to improve documentation so forecasting knowledge isn't lost during staff transitions — no fundamental changes to the model itself are needed.
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