User-uploaded report
Municipal Utility Board · City of Los Angeles, California · September 8, 2026
Board of Water and Power Commissioners (LADWP)
The LADWP Board considered major financial and operational items, highlighted by an authorization to issue up to $1.081 billion in Power System Revenue Bonds. The agenda also included annual energy and water cost adjustment resolutions, a $6.68 million infrastructure contract for the Castaic Power Plant, and property lease approvals.
Packet
8 pp
8 minute read here
Resolutions
5
Recorded meeting actions
Dollars moved
$1,087,681,336
Transparency
70/100
Public access to material terms
Flagged actions
What this costs you
Item N.1 — Approval of Resolution for Energy Cost Adjustment Expenditures
In plain English
Approves the department's energy cost adjustment expenditures for a 12-month period beginning October 1, 2026, which impacts ratepayer power costs.
How it was buried
Listed under Items for Approval (p. 6)
Impact: Authorizes pass-through energy cost expenditures affecting electricity bills across the LADWP service area.
Item N.2 — Approval of Resolution for Estimated Water Supply Cost, Water Quality Improvement, and Owens Valley Regulatory Adjustments
In plain English
Authorizes water rate adjustment expenditures for water supply, quality improvements, and Owens Valley environmental/regulatory compliance for calendar year 2027.
How it was buried
Listed under Items for Approval (p. 6)
Impact: Establishes annual water expenditure adjustments directly influencing customer water rates.
Resolution Nos. 5095 and 5096 (Item N.3) — Authorization to Issue up to $1.081 Billion in Power System Revenue Bonds
In plain English
Authorizes LADWP to borrow up to $1.081 billion through fixed-rate, tax-exempt municipal bonds to finance capital improvements for the power system.
How it was buried
Listed under Items for Approval (p. 6)
Impact: Incurs up to $1.081 billion in debt that will be repaid over time using power utility ratepayer revenues.
Lease No. 1309 (Item N.4) — Approval of Lease No. 1309 with Big Pine Community Service District
In plain English
Leases utility property to the Big Pine Community Service District, bringing in $4,025 over the first five years with renegotiation terms every five years.
How it was buried
Listed under Items for Approval (p. 7)
Impact: Generates $4,025 in rental revenue for the utility over five years.
Contract No. 8095 (Item N.5) — Approval of Contract No. 8095 for Castaic Power Plant Outlet Tower Gates
In plain English
Approves a one-time purchase contract with Henry Pratt Company, LLC for replacement or repair of outlet tower gates at the Castaic Power Plant.
How it was buried
Listed under Items for Approval (p. 7)
Impact: Authorizes an expenditure not to exceed $6,681,336 for power generation infrastructure.