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Reports and financial documents

The Southern Nevada Water Authority (SNWA) produces a number of reports and plans to keep the community informed.

Comprehensive Annual Financial Report

The Comprehensive Annual Financial Report provides a comprehensive look at our financial statements, accomplishments and forecasts. This report is for the fiscal years ended June 30, 2017 and 2016.

Conservation Plan

Conservation plays an important role in water resource management. Our five-year Conservation Plan was revised in 2014 to help the agency effectively manage its water resources.

Investment summary reports

The Water Authority invests and earns income on public funds, thereby reducing the burden on ratepayers. Certified investment professionals manage the investment portfolios to maximize investment earnings while protecting these funds.

The following reports provide information about investment allocations and earnings to help ratepayers further understand the Water Authority's investments.

The types of securities in which the Water Authority can invest are regulated by Nevada law.

Major Construction and Capital Plan

To provide for accomplishment of capital endeavors that were not directly related to the goals of the Capital Improvements Program, the SNWA created a new capital plan called the Major Construction and Capital Plan.

Operating and Capital Budget

The Water Authority's Operating and Capital Budget includes the budget plan, debt management policy and annual statistics. This budget is for the fiscal year 2018/2019.

Sustainability Report

The Sustainability Report details the efforts we're making to reduce our environmental impacts, and it serves as a guide to working in a more environmentally conscious way.

Water Resource Plan

Since 1991, we have developed and maintained a comprehensive Water Resource Plan to outline current and future water needs and resources.

Xeriscape Conversion Study

The Water Authority and the Bureau of Reclamation funded a comprehensive Xeriscape Conversion Study to research the amount of water saved by property owners who removed grass and replaced it with water-efficient xeriscape. The Xeriscape Conversion Study began in 1995, and the final report was released in 2005.

The final Xeriscape Conversion Study results show on average you can save 55 gallons of water per square foot by converting grass to a water smart landscape. Even a densely-planted xeriscape saves enormous volumes of water. The study covers typical water savings, cost-effectiveness of conversion projects and residential landscape water use.

SEC Municipal Advisor Rule

The Southern Nevada Water Authority (the "Authority") has engaged, is represented by and will rely on the advice of Hobbs Ong & Associates, Inc. and PFM Financial Advisors, LLC., independent registered municipal advisors, to advise it on the issuance of its municipal securities and municipal financial products (including investments of bond proceeds and escrow investments).

The Water Authority intends that this statement constitutes the "required representation" for purposes of the "represented by an independent registered municipal advisor" exemption set forth in SEC Rule 15Ba1-1(d)(3) (the "Rule"). The Water Authority understands that each of the above independent municipal advisors is a municipal advisor registered pursuant to Section 15B of the Securities Exchange Act of 1934, as amended, and the rules and regulations thereunder.

By publicly posting this written statement, the Water Authority intends that market participants receive and use it for purposes of the independent registered municipal advisor exemption in the Rule. This statement may not be used for any other purposes.

Proposals should be addressed to:

  • Matt Chorpening (matt.chorpening{at}lvvwd.com, Bob Smith (Robert.smith{at}lvvwd.com, and Richard Snelding (Richard.snelding{at}lvvwd.com) at the Southern Nevada Water Authority;
  • Thomas Toepfer (toepfert{at}pfm.com) at PFM Financial Advisors, LLC;
  • and Guy Hobbs(Guy{at}hobbsong.com) and Kathy Ong (Kathy{at}hobbsong.com) at Hobbs Ong & Associates, Inc.

This posting may be relied upon until July 1, 2019.

DATED July 1, 2017.

SOUTHERN NEVADA WATER AUTHORITY, NEVADA

Investor relations

Bonds are an important tool to help fund needed improvements and repair and replace Water Authority supply resources, water intakes, pumping stations, and water treatment facilities. Visit our investor website for information on our bond offerings.

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