Financial News

Metropolitan Issues Statement on State’s Fourth Snow Survey of the Season

Metropolitan Water District General Manager Deven Upadhyay issues the following statement on the California Department of Water Resources’ fourth snow survey of the season:

“While Southern California has had a relatively dry winter, our communities will have reliable water supplies this year thanks to the snowfall in the northern Sierra and Metropolitan’s participation in the State Water Project that allows us to receive water produced by that snowpack. Together with our Colorado River Aqueduct, these systems provide half of the water used in the region.

“Southern California has long benefitted from our investments in the infrastructure and partnerships necessary to import water from outside the region, and this year is another reminder of the value of those investments. The region’s water reliability is further strengthened by our investments in local supplies, storage and conservation that allow us to overcome the obstacles posed by climate change and extreme droughts.”

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