Canal Improvement Project Summary

BVID’s final year of collecting property taxes was in 2012 because that is the year all the bonds for constructing the dam were paid in full. However, because of the District’s prudent financial management, the payment on the bonds was substantially less than the property tax revenue toward the end of the 50-year payoff, and those savings were applied toward critical District maintenance. The absence of property taxes in 2013 created a deficit that was absorbed by extraordinary revenues including lucrative conserved water transfers.
What are some of BVID’s Capital Improvement Projects?
BVID is always exploring ways to be more efficient and reduce wasted water while providing the best customer service as possible. One way to do that is to systematically replace ditches with pipe. Our pipeline projects are always evolving and …show more content…
More importantly, eliminating the leaks in the Sicard Ditch will save nearly five (5) feet of lake elevation each season!
• Pumpline Canal Improvements – In 2015, the District hired an engineering firm to develop ways to get more water from the Yuba River to the end of the Pumpline Canal in the lower District. The District will leverage reserves and grants to remove several chokepoints identified in that study.
• Tennessee Ditch Hydroelectric Project – This will create an additional source of revenue for the District by installing a small hydroelectric facility along Marysville Road.
What is BVID’s Reserve Policy?
BVID has a conservative reserve policy in place to backstop any unforeseen expenses. However, until the rates neutralize the deficit between operational revenue and expenses, the District will be relying on reserves more now than