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NID Not Worried Yet About Financial Health

A rising number of water utilities expect that the coronavirus pandemic will result in financial repercussions. According to a survey from the American Water Works Association, two-thirds say that changes in demand and customer payments will cause cash flow problems within two months of when the original shelter-in-place order went into effect on March 20th. But the general manager of the Nevada Irrigation District, Rem Scherzinger, says they’re okay so far…

click to listen to Rem Scherzinger

And Scherzinger says treated water revenue might actually go up, with more people staying home…

click to listen to Rem Scherzinger

NID’s coronavirus emergency declaration included suspending customer water disconnections for non-payment of bills. The district also set aside a 250-thousand dollar contingency fund. It also allows the district to enter into mutual aid contracts with neighboring water agencies.

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