RCWD approves purchase of banked water

The Rancho California Water District will be purchasing untreated imported water to stabilize groundwater supplies.A 7-0 RCWD board vote Thursday, May 18, authorized RCWD general manager Robert Grantham to use district financial reserves for the purchase of up to 25,000 acre-feet of untreated imported water from the Metropolitan Water District of Southern California for inventory as banked groundwater. Rancho Water would pay the current untreated water rates which are $855 per acre-foot for calendar year 2023 and $903 per acre-foot for calendar year 2024.Rancho Water banks untreated imported water supply in the Temecula Valley Groundwater Basin. MWD has a Cyclic Storage Program which allows for the purchase of water when supplies are high, which is currently the case. Last fall Ran
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