LOS ANGELES, CA, Aug. 18, 2015 -- The city of Los Angeles has officially gained a seat on the board of directors for the Metropolitan Water District (MWD) of Southern California based on the latest certified assessed valuations of taxable property within the District's six-county service area.
The increase from 37 to 38 representatives on the board marks the first change to the size of the governing body since January 2001. Under the MWD Act, each of the District's 26 member agencies is guaranteed at least one board member and can appoint an additional representative for each 5 percent of assessed valuation of property within its service boundaries.
With the additional board seat, Los Angeles becomes the only MWD member agency with five representatives on the board. Certified valuations for the District's 5,200-square-mile service area totaled $2.4 trillion for fiscal year 2015/16. Total assessed valuations are made each August, based on submissions from county auditors from each of the six counties in the service area.
In addition to determining how many MWD representatives each agency holds, assessed valuations also establish each member agency's vote entitlement. The District uses a weighted voting system, with each member agency getting one vote for every $10 million of assessed valuation of property within its service boundaries.
Based on the latest reported figures, Los Angeles's certified assessed property valuations totaled nearly $490 billion, or 20.11 percent of the overall assessed valuations within MWD's service area. The Water Authority and MWDOC follow with nearly $425 billion/17.44 percent and $415.8 billion/17.08 percent in assessed property valuations, respectively.
See also:
"MWD receives national award for ongoing water conservation efforts amid drought"
"MWD pushes incentive for water recycling, desalination, groundwater cleanup investments"
About MWD
The Metropolitan Water District of Southern California is a cooperative of 26 cities and water agencies serving nearly 19 million people in six counties. The district imports water from the Colorado River and Northern California to supplement local supplies, and helps its members to develop increased water conservation, recycling, storage and other resource-management programs. For more information, visit www.mwdh2o.com.
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