Each year, the Board of Directors approves an annual operating budget at a public meeting for the fiscal year which runs from July 1 through June 30 the next calendar year.
The Board of Directors also approves each year a capital improvement budget to fund new and replacement infrastructure projects.
2012 Capital Improvement Budget
Each month, Santa Margarita Water District includes all current budget, financial statement, and investment portfolio information in its Finance Committee Meeting Board Package. If the Finance Committee Meeting is not held, or is scheduled earlier in the month due to a holiday, all financial information will be included in that month’s Board of Director’s Meeting Board Packages.