"Our water-related assets together total a value of $326 million, which is 36 per cent of council's total assets.
"A further $12.7 million is allocated in this year's annual plan to support drinking water safety upgrades, improve our wastewater treatment infrastructure and address flood risks in our district."
Gurunathan said the Government had been clear that the expected outcome of the reforms was the amalgamation of water and wastewater assets and services into multi-regional entities across New Zealand.
"While we recognise that a lot has changed in the water regulatory environment, for a district like Kāpiti that has invested heavily in these areas and is very well placed because of it, we need to be front and centre in this conversation.
"Our participation in this initial stage does not commit us to future phases of the reform programme, or to establishing new entities or transferring our assets, now or in the future.
"It gives us a seat at the table, together with our central and regional counterparts, to advise and work through what these changes would mean for our ratepayers and consider what would work best for Kāpiti.
"We hope Government continues to approach these reforms collaboratively and would be concerned if any mandatory changes were introduced.
"The aim of the reforms - improved national-level leadership, risk management and environmental outcomes - are all objectives we wholeheartedly support but our view at this stage is that aggregation of water suppliers is not necessary to achieve this or deliver better outcomes for our people.
"Initiatives like creating a new regulator, enforcing national standards and implementing a co-investment model between local and central government could be equally transformative.
"We can only influence the conversation, however, if we have a seat at the table, which we have agreed to do."