Where: 1036 West Main Street, Grass Valley, CA 95945
The meeting announcement can be found here. The next regularly scheduled Board meeting will be March 25, 2020. The NID Board normally meets on the 2nd & 4th Wednesday of the month at 9:00 a.m.
Centennial Update: Hits and Misses
Tomorrow, Tuesday March 10th, NID's Engineering Committee will review the first quarterly update to the Centennial Dam Project in 2020. Join us tomorrow at 9 a.m. at NID Headquarters, or join us remotely! NID will now live-streamall Committee meetings in addition to their Board meetings. This is a win for improving transparency, and SYRCL applauds NID for making all meetings more accessible to the public.
In addition to summarizing regulatory updates for the project, the Centennial Quarterly report also details the revenue that NID has made from renting properties originally purchased for the Centennial Dam Project. As of December 2019, NID made almost $35,000 from renting properties. However, it is unclear what the plan is for managing the properties long-term, or how much this will cost the District. NID does not have a secured funding plan for this fiscally irresponsible project, and according to the report, has already spent over $14 million.
Want to learn more? Join us tomorrow at the Engineering Committee meeting, 9.a.m.
Will Water Prices Increase Again? NID to Start Setting 2020 Water Rates this Wednesday
Two weeks ago, NID released their long-awaited Cost of Service Study (COS) and held a Board workshop to discuss the findings. This Wednesday, the NID Board will vote to accept the report and start the process to set water rates for 2020.
As a reminder, one of the main findings of the report states:
The historical analysis indicates, on average, treated operations consume 53.7% of the system’s operating costs while raw operations consume 46.3% of the system’s operating costs. For raw water customers to achieve consistency with the COS consumption percentage, their revenue contribution (approx. 32%, see Table 4 page 5) must increase to 46.3%.
To summarize, it appears that NID must raise water rates. However, NID has yet to determine timing or the specifics for the increase. SYRCL looks forward to hearing more about the water rates process and NID's financial future this Wednesday.
Continue to show your support and purchase a Stop Centennial Dam Tee today! Only $10!
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