Finances

The Albuquerque Bernalillo County Water Utility Authority (Water Authority) is a political subdivision of the State of New Mexico and is independently operated and governed by an 8-member board. (NMSA 1978 § 72-1-10).

As of 2013, the Water Authority established all financial and human resources systems and are largely autonomous from the City of Albuquerque.

For more news and information about the Water Authority see ABOUT US.

The financial information posted on this website has been included for general informational purposes only. Data is accurate as of the date indicated and is prepared without audit unless otherwise identified as audited financial information.

Annual Information Statements (AIS)

2022 Annual Information Statement (AIS)
2021 Annual Information Statement (AIS)
2020 Annual Information Statement (AIS)
2019 Annual Information Statement (AIS)

Overall Bond Ratings

  • Standards & Poors = AA+
  • Moody’s Investment = Aa2
  • Fitch Ratings = AA

Electronic Municipal Market Access System (EMMA)

To access the official source for the Water Authority’s municipal disclosure and market data, the Electronic Municipal Market Assess System (EMMA) website, please click on the following link to be redirected to the Water Authority’s issuer page:

Municipal Securities Rulemaking Board: EMMA

To view the rating for any particular issue, simply click on the issue description.

Municipal Advisor

By publicly posting the following written disclosure, the Albuquerque Bernalillo County Water Utility Authority (Water Authority) intends that market participants receive and use it for purposes of the independent registered municipal advisor exemption.

The Water Authority has retained RBC Capital Markets, LLC (RBC) as its municipal advisor, among other things, to assist in evaluating advice received in connection with the issuance of municipal securities and municipal financial products (as such terms are defined in the Municipal Advisor Rule (SEC Rule 15Ba1-1(d)(3)(vi)(B)) and the Securities Exchange Act of 1934, as amended (the Act)).  The Water Authority relies on the advice of RBC with respect to any advice you may provide relating to such matters. For purposes of this certificate, “reliance” means that we will seek and consider the advice, analysis and perspective of RBC but does not mean that we are assuming an obligation to follow that advice.

Any market participants seeking to use this document for purposes of an exemption must promptly provide written disclosures indicating such to the Water Authority with a copy to RBC, stating that the participant is not a municipal advisor and is not subject to the fiduciary duty to municipal entities that the Exchange Act requires for municipal advisors.

Additionally, the Water Authority requires that you provide RBC a copy of all correspondence that includes advice and that it be delivered to RBC prior to, or concurrent with delivery to no later than the beginning of any meeting with the Water Authority.

Unless the Water Authority provides you with a representation to the contrary, you may continue to rely on this letter while it remains posted.

Internal Auditor: Porch and Associates LLC
Address: 10612 Royal Birkdale NE, Albuquerque, NM 87111
Phone: (505) 934-2452

Independent Auditor: SJT Group LLC
Address: 4811 Hardware Dr. NE, Suite E-4, Albuquerque, NM 87109
Phone: (505) 312-8702

Municipal Advisor: RBC Capital Markets
Address: 6301 Uptown Blvd NE, Suite 110, Albuquerque, NM 87110
Phone: (505) 872-5999

Bond & Disclosure Counsel: McCall, Parkhurst & Horton LLP
Address: 717 North Harwood, Suite 900, Dallas, TX 75201
Phone: (214) 754-9200