- About Us
- Financial Information
- Asset Management
The delivery of water and wastewater service is asset intensive. The basic services we sometimes take for granted rely on the operation and reliability of capital assets so that customers can simply turn on a tap or flush a toilet. Infrastructure assets such as water and sewer mains, wells, pumps, water treatment facilities, and lift stations are the foundation of providing service to meet our customers’ needs. The systems and assets must be maintained and operated to meet current needs, and those into the future. As stewards of our customers’ water and wastewater needs, and the assets which belong to the customers, the District has developed an asset management program to manage infrastructure necessary to provide water and sewer service. Asset management is a systematic process of deploying, operating, maintaining, and disposing of assets to achieve the lowest life-cycle cost. It also provides the basis to project future capital replacement needs and costs to establish a reserve funding strategy based on each generation of customers paying for their current use of assets.
The District has developed and implemented asset management business processes to ensure asset management is not just a concept or a document on the shelf, but a program that evolves over time. It is how we do business on behalf of our customers. The asset management plan will be updated every ten years to summarize the evolution of the program and current state of the District’s infrastructure. The Plan provides insight into our water and wastewater systems, and the major assets of each system. The AM Plan includes conclusions and next steps for the progression of the District’s asset management program.
In 2017, the Board of Commissioners adopted a Sustainability Policy to define and guide the District's commitment to sustainability and asset management.