Ratepayers across the region face surging water rates as a result of plummeting demand, sewage recycling projects and costly desalination. But is drawing down emergency funds the answer?
Michelle Peters, compliance manager for Poseidon Water, walks through the reverse osmosis desalination plant in Carlsbad on March 30, 2022.
“We will fall to a low balance of under $200 million in April of next year,” he added. “That is an incredibly low cash position.” Still, Lewinger made the motion on Thursday to dig deeply into reserves — pushing back on efforts by the city of San Diego to cut even further.paints a grim picture, opening with a startling message from the agency’s soon-to-retire general manager, Sandy Kerl.
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