The Metropolitan Water Reclamation District (MWRD) prepares a variety of financial reports for compliance with statutory requirements and to ensure transparency of the annual financial position, including all receipts and disbursements.
The annual comprehensive financial report (ACFR) of the Metropolitan Water Reclamation District of Greater Chicago and its component units, the Metropolitan Water Reclamation District Retirement Fund (Retirement Fund) and Other Post Employment Benefits (OPEB) Trust are prepared in accordance with generally accepted accounting principles as issued by the Government Accounting Standards Board. The Retirement Fund ACFR and actuarial valuations can be found here.
Disclaimer: MWRD does not update this information regularly, and it may change without notice. MWRD has taken steps to protect its website, but unauthorized changes may alter the information in the ACFR. As long as there are no unauthorized acts, the information in the report is accurate as of the dates shown.
Annual Comprehensive Financial Report
The Annual Comprehensive Financial Report (ACFR) of the Metropolitan Water Reclamation District of Greater Chicago, OPEB Trust, and Retirement Fund, provides historical information about its financial position - as of and for the year ended December 31.
Other Post Employment Benefits (OPEB) Trust Report
MWRD's Retiree Health Care Trust provides other post-employment medical benefits to retired employees and their dependents and is authorized under Illinois Statute 70 ILCS 2605/9.6D. The Trust is allowed to invest based on the prudent investor standard and any federal law obligations. The specific securities that are allowed for investment can be found in the Trust's Investment Policy.
Actuarial Valuation of Retiree Health Care Benefits
The Actuarial Valuation of Retiree Health Care Benefits provides the actuarial calculations bi-annually to determine the OPEB liability and costs. In interim years, the reports are updated for the disclosures required in the annual financial reports. The valuation is conducted in accordance with all applicable federal laws and regulations as well as generally accepted actuarial principles.
Annual Clerk's Reports
Clerk’s reports are published in compliance with Chapter 30 of the Illinois Compiled Statutes, Act 15/1 and 15/2. These rules require custodians of public money to file and publish reports summarizing the receipts and disbursements. Clerk’s reports are the Annual Statements of Receipts and Disbursements from the MWRD.
Request for Additional Information
Please contact the Clerk/Director of Finance or Comptroller at 312-751-6500