Water district is planning ahead



In response to questions posed in last week’s Acorn, several years ago the Las Virgenes Municipal Water District Board of Directors adopted a “pay as you go” policy for all but the largest capital projects. The new pipeline in Agoura Hills and related system improvements are being funded from the district’s capital reserves, which have been accumulated over a period of years. This method helps the district (and its ratepayers) avoid costly interest charges and finance fe...

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