SEJPASan Elijo Joint Powers Authority (Encinitas, CA)
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Solano Beach's debt levels are high, but given the lack of growth pressures, future capital needs appear manageable, including those associated with the SEJPA.
Consistent with its role as a joint action agency, the SEJPA has limited financial cushion with only sufficient debt service coverage although liquidity is typically strong.
The SEJPA, initially organized in 1963 and formally established in 1987, provides residential and nonresidential wastewater treatment services to a population of around 32,000 residents.