Finances
The Petaluma Valley Groundwater Sustainability Agency (GSA) was funded by contributions from member agencies until June 30, 2022. On Thursday, July 28, the Board of Directors of the Sonoma Valley Groundwater Sustainability Agency (GSA) approved an ordinance authorizing the adoption of a groundwater sustainability fee. The fee will be assessed on all groundwater users in the Petaluma Valley.
Budget and Audits
The GSA Board of Directors must adopt its fiscal year budget 60 days before the end of the preceding fiscal year. The GSA maintains strict accountability of all funds and reports all receipts and disbursements on a bi-monthly basis. A certified public accountant audits the GSA annually. The annual audit is generally completed and posted about six months after the end of the fiscal year.