Borrego Water District is reviewing a comprehensive new Finance section of its Administrative Code, covering public financing, investments, debt management, reserves, rates and fees, bank accounts, capital improvements financing, and capital asset policy. The board’s June 18, 2026 meeting is to review and amend the draft, with plans to continue reviewing remaining sections and return in July–September with a complete draft for adoption. The draft codifies how the district will use debt, reserves, and a Capital Improvements Financing Plan to fund water, sewer, and wastewater projects, as well as policies for Water Supply Purchase Reserves, emergency reserves, and capital repair and replacement funding.This signals upcoming structured capital and financing activity and likely future use of bonds, bank debt, or other instruments, creating opportunities for financial advisors, bond counsel, rate consultants, and project management or program management support as they move from policy adoption into specific capital financings and projects.

Policies explicitly reference debt issuance, capital improvements financing, reserve targets, and Water Supply Purchase Reserves, indicating structured future capital and financing actions once adopted.