Wednesday, November 12, 2008

El Dorado Irrigation District considers drought rates

The Sacramento Bee, 11/12/2008
By Cathy Locke

El Dorado Irrigation District customers could end up paying more for less in a drought. District officials are considering a rate schedule that would go into effect if a drought were declared. Typically when a water agency goes into drought mode, "your costs go up while your revenue goes down," Doug Dove of Bartle Wells Associates, the district's financial adviser, told board members Monday.