Fiscal Policies

Monterey One Water establishes financial policies to provide a framework to prudently manage resources, ensure internal controls, and provide accountability to the public, as summarized in the Financial Policy Summaries (PDF) and linked individually below. The Agency currently projects meeting its Operating Reserve Policy in 2025 and its Capital Reserve Policy in 2032.

Policy Documents

Policy Definitions

Budget: Includes policies governing the budget, reserve levels, and user fee rates

Capital: Includes policies governing the capital program budget and assets 

Debt: Includes policies governing the issuance and reporting of debt 

Investments: Includes policies on purchasing, monitoring and reporting of investments 

Purchasing: Includes policies on bidding or purchasing of goods, services, and projects 

Reporting: Includes descriptions of the financial reports the Agency issues