Alameda County Water District (ACWD) UPDATE
Following a year of review, analysis and feedback by BIA and BIA consultant DFA, the Alameda County Water District Board of Directors unanimously adopted the staff recommended Hybrid Equity Buy-In/Incremental Cost methodology at its February 7th 2019 board of directors meeting. The recommended fee structure was adopted along with a 5-year phase in (2019-2023). During the course of BIA’s review & feedback, ACWD agreed to (1) eliminate the Facilities Reimbursement Charge(FRC) for new residential development (2) reduce ACWD’s Asset Valuations Listing by over $$382,000,000. A summary of the fee reductions achieved thru review and BIA/DFA recommendations are noted below.