A tradition of excellence for 30 years
Since 1984, M&A has provided quality hydrogeologic and water resource services to clients in the industrial, mining, energy, municipal, land development, tribal, and agricultural sectors. We combine our unparalleled groundwater hydrology experience with expertise in water resource policy and economics to develop comprehensive approaches and integrated solutions.
Water policy news from M&A
From our March 2014 issue of the Arizona Water Policy Update
CAP customers should prepare for two budgetary time bombs that could trigger significant rate increases.
Over the next few months, CAP will complete its formal rate-setting process for the next 2 years. Although the terms of the federal repayment contract have always loomed in the background, CAP has managed them well and protected its customers from volatile rate increases. Looking ahead, however, we see two time bombs — budget reconciliation and shortage declaration — that may significantly impact customer budgeting cycles in the next few years.
The first time bomb is related to a “truing-up” clause in the federal repayment contract. This clause requires CAP to refund unspent, budgeted costs or to recover unbudgeted costs, which include excess fixed OM&R costs. Because CAP operates on a calendar year, the possibility of debt reconciliation presents a real problem to governmental customers with fiscal years ending on June 30 or September 30... Read more...