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HISTORIC RAIN, YET DROUGHT REMAINS <br /> <br /> <br />ORANGE COUNTY GRAND JURY 2022 I 2023 Page 33 of 57 <br />Water Banking <br /> <br />The practice of forgoing water deliveries during certain periods, and “banking” either the <br />right to use the water in the future or saving it for someone else to use in exchange for a <br />fee or delivery in kind. Typically, in Southern California, it is stored in aquifers. <br /> <br />Water Source <br /> <br />As used in this report, a water source is defined as the ocean or precipitation. <br /> <br />Water Suppliers <br /> <br />As used in this report, water suppliers include water districts and cities that provide water <br />to the public. <br /> <br />Water Supply <br /> <br />As used in this report, water supply includes water derived from a water source and that <br />is stored, conveyed, and utilized by the public.