Crestview Mutual Water
Crestview Mutual Water Company, based in Camarillo, CA, is a shareholder-owned entity that manages water services for its 625 shareholders, ensuring transparency and involvement in its operations. The company has faced significant challenges, including the recent denial of the Well 7 project, which was projected to cost over $4 million, along with rising water rates and substantial legal and financial implications for its shareholders.
The organization emphasizes the importance of shareholder engagement in decision-making and has reported substantial expenditures on political lobbying and employee compensation. Additionally, changes in water allocation policies have resulted in monthly usage limits, compelling shareholders to utilize their designated water within specific timeframes or face higher costs.
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