Remuneration and Reimbursement Policy2.03.010.1 State Law limits Board member compensation to ten (10) compensable meetings per month (Water Code Section 20202). The RMWD Board shall not be eligible for compensation for more than six (6) compensable days per month.
Financial Reserves PolicyThe purpose of the RMWD Reserve Policy is to ensure that the District will, at all times, have sufficient funding available to meet the operating, capital and debt service cost obligations. Reserves will be managed in a manner that allows the District to fund costs consistent with its Capital Improvement Program and Water and Wastewater Master Plans while avoiding significant rate fluctuations due…
Brown Act Compliance PolicyAll regular meetings of the Board of Directors will be conducted in the Board room of the District at 3707 Old Highway 395, Fallbrook, California 92028.
Code of Ethics and Conflict of Interest Policies The Board of Directors of the Rainbow Municipal Water District is committed to providing excellence in leadership resulting in the highest quality of services to its constituents. To assist in the governing of the behavior between and among members of the Board of Directors, staff and public, the following rules shall be observed: