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.
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