2008 Annual Report - DC Water

Highlighted
Accomplishments in Fiscal Year 2008
•yThe DC WASA Board of Directors strengthened the Strategic Plan that guides the organization toward becoming
a world-class leader in the industry. The revised plan identifies Critical Success Factors for an even firmer
foundation for world-class performance.
•yIn FY 2008, DC WASA’s financial performance received positive appraisals from both an independent budget
review and from three principal credit rating agencies.
•yDC WASA makes annual contributions to a Rate Stabilization Fund for use to offset spikes in planned, future rate
increases. At the end of FY 2008, the fund totaled $43.6 million.
•yDC WASA is among only 11 utilities nationwide to receive the Association of Metropolitan Water Agencies
(AMWA) Platinum Award (2008) recognition as A National Leader in Water Utility Management for Operational
and Strategic Excellence.
• yDC WASA was one of only five utilities named by CIO magazine to its annual list of Top 100 organizations that
“exemplify the highest level of operational and strategic excellence in information technology (IT).”
•yDC WASA continues to manage one of the largest capital improvement programs in the region, with more than
$300 million in capital expenditures in FY 2008 (part of the $3.2 billion, 10–year program).
•yRehabilitation of the very aged sanitary sewer system in Georgetown is underway. The project includes
construction and rehabilitation of approximately 2,600 feet of the existing sanitary sewer system using trenchless
technologies to limit the impact to the neighborhood.
•yDC WASA is a leader in working to protect the Chesapeake Bay by voluntarily reducing nitrogen levels by
75 percent since 1987, far exceeding the goals established by the Chesapeake Bay agreements in 1987
and 2000.