This document outlines the San Diego County Water Authority's 2012 legislative policy guidelines regarding a "Delta fix" to improve water supply reliability and restore the Bay-Delta ecosystem. The key points are: 1) The Water Authority supports co-equal goals of water supply reliability and ecosystem restoration in the Delta as outlined in 2009 legislation. 2) A successful Delta fix requires a viable financing plan and firm financial commitments from water contractors to pay for conveyance facilities. 3) The Water Authority, as the largest purchaser of water from MWD, has the greatest stake in a reliable Delta fix and contractors' demonstrated willingness to pay is critical.