Montecito Water District Annual Budget 2026-06-23
Raftelis Guides Multi‑Year Water Rate Study
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Description
Montecito Water District continues its engagement with Raftelis to support the 2024 Water Rate Study and annual financial plan updates through FY 2029. The consultant advises on rate design, cost-of-service analysis, and compliance with Proposition 218.
Contract Details
Vendor
RAFTELIS
Agency
Montecito Water District, CA
Contract Type
CONSULTING
Document Date
June 23, 2026
Contract Term
FY 2025 – FY 2029 rate study period; financial plan update prepared May 2026
Renewal Info
Engagement tied to the 2024 5‑year Water Rate Study with ongoing annual financial plan updates through at least FY 2029; no explicit renewal clause stated.
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