May 5, 2022 Meeting: CAWCD Board approves 2022/23 tax rates, reserve targets and preliminary rate schedules

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CAWCD Board Meeting Image

The CAWCD Board met Thursday, May 5 at CAP Headquarters in north Phoenix. The Board approved several items related to finances, taxes and rates. After much discussion and public comment, the Board approved the 2023-2028 Preliminary Rate Schedule with adjustments to change the 2023 Energy Rate from $61 per acre-foot to $65 per acre-foot; the 2023 Fixed O&M rate from $110 per acre-foot to $115 per acre-foot; and the 2024 Capital Charge from $57 per acre-foot to $53 per acre-foot.

The Board also took the following actions: 

In addition, the Board approved two items on the consent agenda:

Finally, the Board heard presentations regarding Colorado River Conditions and 2023 Shortage Preparations.

The CAWCD Board of Directors is a popularly elected, 15-member board. Ten members are from Maricopa County, four from Pima County and one from Pinal. Members serve six-year, unpaid terms. The board typically meets publicly the first Thursday of each month to establish policy and set rates and taxes for CAP. Meetings are open to the public – in person and via livestream.

For additional details on the May board meeting, take a look at the agenda. Board minutes and video will be posted here, as well.

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