First, the Good News: Our Water Supply
Drought reserves will not be tapped.
Truckee River flows will be maintained through year's end.
The official April 1 snowpack numbers were good for the two basins that impact the Truckee Meadows' water supply. The Truckee Basin was at 121% of average and the Lake Tahoe Basin -- 137% of average. View snowpack explanation and historical data. After five consecutive below-average runoff years, it appears that the trend has improved this year with runoff (water making it to the lakes and reservoirs) in excess of 145% of average for Lake Tahoe and 131% for the Truckee River Basin. The cool, wet spring weather we experienced, coupled with precipitation in May and June, kept the snowpack intact later than expected. This certainly makes this a very good water year - but it is still not a "drought buster," unfortunately. It will take several of these above-average years to make up the deficit that's been created by five years of below-normal conditions.
Read More.
Water in the Legislature: AB 323
TMWA Board and Staff Supports Audit
One topic that placed TMWA in the news recently was Assembly Bill 323 that passed through the Nevada Legislature. This bill legislates an audit and investigation of TMWA's ratemaking practices and financial factors by the State Bureau of Consumer Protection (BCP) and requires TMWA fund up to $100,000 for the audit. The TMWA Board voted in full support of this audit; however, they voiced concerns about TMWA customers bearing the cost. With Board approval, the check has been cut and delivered to the State. TMWA looks forward to working with the BCP on the audit, which we believe will be an ideal forum for an objective look at the financial requirements of the utility and the appropriate funding sources of those requirements. We will make sure you are informed of the audit results.
Water meter retrofit is nearing completion
Metered billing is still voluntary
The program provides drought storage
TMWA is in the final stretch of finishing up our water meter retrofit program. We anticipate having all single-family residences installed with a meter by the end of this summer, leaving just over 7,000 condominiums, duplexes and multi-family units to be retrofitted. We will continue working to finish the remaining installations over the next several years.
Read More.
New resources available to you on tmh2o.com
Financial information added continually
We have placed many of our key planning documents on our website for your ease in accessing TMWA information. Included on our website are TMWA's 2004-2008 Capital Improvement Plan, Comprehensive Financial Annual Reports, 2005-2025 Water Facility Plan, Water Resource Plan and other historical records available to you with the click of your mouse. We are currently adding to, and improving, the financial section on our website. Here is the link. If you are looking for something specific and you can't find it on our site, please e-mail us at newsletter@tmwa.net and we will be glad to get any requested information to you.
Prestigious Financial Reporting Award Received
TMWA's Jeffrey Tissier also recognized for his efforts
TMWA was recently awarded the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association of the United States and Canada (GFOA) for the second consecutive year. The award was given for TMWA's comprehensive annual financial report (CAFR). The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting. This is the highest honor that a governmental agency can receive in financial accounting.
In addition to the Certificate of Achievement, an Award of Financial Reporting Achievement was presented to Jeffrey Tissier, Chief Financial Officer, for his work in preparing the award-winning CAFR.
Read the whole story.
Do you have any topics you would like addressed?
Do you have any questions that I can answer for you offline?
E-mail me here: newsletter@tmwa.net
Thank you for your time.
Sincerely,
Lori Williams
General Manager, Truckee Meadows Water Authority | 
