Budget Highlights

Marin Water ended the 2020 fiscal year with strong financial performance. Our year-end fiscal results included adequate reserves, solid operating revenues with budgetary constraints, and positive budget-to-actual results. The district continues to follow responsible financial policies and examine ways to be well positioned to ensure long-term fiscal sustainability.

Our financial goals also include responsibly managing our resources with care, foresight, and transparency. Throughout the year, our team is responsible for implementing their budgets and monitoring fiscal performance. That includes responding to unforeseen or emergency circumstances, such as PG&E’s Public Safety Power Shutoffs and the recent COVID-19 pandemic. 

In June of 2019, the district adopted its two-year budget for fiscal years 2019-20 and 2020-21. The total budget for fiscal year 2019-20 is $105.2 million, which includes an operating budget of $83.6 million and a capital budget of $21.6 million. The fiscal 2020-2021 budget includes an operating budget of $86.2 million and a capital budget of $21.7 million. The biennial budget allows for greater investment in our infrastructure and continued protection and management of our watershed lands and reservoirs.

You can read our operating and capital budget for fiscal years 2019/20 (FY20) and 2020/21 (FY21).