Steady Stewardship Reveals District’s Solid Fiscal Performance by Rowland Water District Feb 18, 2026 Member Submitted News ROWLAND HEIGHTS – Rowland Water District (RWD) has completed its annual financial audit examining the District’s financial position as of June 30, 2025, reinforcing its ongoing commitment to sound fiscal management and public accountability. Under California law, water districts must undergo yearly independent financial audits to verify compliance with governmental accounting standards and demonstrate responsible stewardship of ratepayer resources. Representatives from Southern California-based Nigro & Nigro PC, a professional accountancy corporation, presented preliminary findings to the RWD Board of Directors during their January 2026 meeting, with the Board formally accepting the completed audit at their February session. “The numbers tell a good story this year,” said RWD Director of Finance Myra Malner. “We’re maintaining the financial health needed to keep delivering quality service while planning for the future. That’s what transparency looks like in action.” “Delivering reliable water service to our customers drives everything we do. The audit results reflect our ongoing focus on financial responsibility and long-term sustainability,” added RWD General Manager Tom Coleman, emphasizing RWD’s strategic priorities. Highlights from the fiscal year 2025 audit: Operating revenues totaled $32,554,576, representing a 10% increase over the previous year, driven primarily by moderate rate adjustments and improved operational efficiency. RWD’s infrastructure investment program added $5,397,795 in capital improvements, including pipeline replacements and system upgrades that enhance service reliability. Total operating expenses reached $23,916,330 with water purchase costs accounting for the majority of the increase due to regional supply conditions. RWD maintained strong reserve levels in accordance with Board policy, ensuring financial resilience against unexpected challenges. RWD continues its tradition of financial transparency and operational excellence in service to the community. Complete financial documents and a copy of the annual audit are available at rwd.org.
