Special District Financing

Eastern MWD Community Facilities and Assessment Districts | Riverside County, CA

Client
Eastern Municipal Water District

Services

District Formation
District Administration
District Continuing Disclosure
Fixed Charge Tax Enrollment
District Foreclosure


Eastern Municipal Water District – Formation and Administration

Eastern Municipal Water District (EMWD) retained Psomas to administer 29 Community Facilities Districts (CFDs) and two Assessment Districts.

Psomas provides the annual fixed charge tax enrollment which includes budget preparation; maintenance of parcel history and data; dedicated bilingual public customer support for all CFD-related questions and concerns; foreclosure processing; and maintenance of ongoing required continuing disclosure.

Additionally, Psomas formed multiple public infrastructure and services districts including initial district feasibility studies, development of rate and method of apportionment, fiscal best practices, and ultimately the creation of CFDs that are fiscally sound for both the consumer as well as EMWD and bond holders.



Top