California Department of Water Resources Selects DebtBook to Modernize Treasury Workflows

CHARLOTTE, NC, UNITED STATES, December 9, 2025 /EINPresswire.com/ -- DebtBook, a leading provider of treasury and accounting software for the public sector, today announced that the California Department of Water Resources (“DWR”) has selected

DebtBook’s Debt Management solution to enhance oversight of its $3 billion debt portfolio and support long-term financial planning and reporting.

DWR’s Division of Fiscal Services will use DebtBook to centralize its current and historical debt portfolio, including commercial paper issuances and refundings, automate journal entries and note disclosures, and streamline reporting processes across its debt program. DebtBook will play a critical role in strengthening DWR’s compliance foundation, enabling scenario analysis, and improving access to timely, accurate financial insights for both internal teams and external stakeholders.

“We needed a comprehensive solution that could help us manage the complexity of our portfolio while improving transparency, efficiency, and control,” said Duard MacFarland, Manager Division of Fiscal Services at the California Department of Water Resources. “DebtBook’s platform allows us to consolidate our debt portfolio, automate key workflows, and strengthen the accuracy and efficiency of our financial reporting.”

“We’re excited to support the California Department of Water Resources as they modernize their approach to debt management,” said Tyler Traudt, CEO and Co-Founder of DebtBook. “Their team plays a critical role in stewarding public funds for large-scale infrastructure investments across the state. We’re proud to provide the tools they need to operate with confidence and precision.”