Metropolitan Water Reclamation District of Greater Chicago (MWRD)

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Cost-Cutting Proposals on Tap for MWRD – Part II

Last week the Civic Federation blogged about the Metropolitan Water Reclamation District’s reaction to its estimated $24 million…

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Cost-Cutting Proposals On Tap for MWRD – Part I

  The Metropolitan Water Reclamation District recently announced that it is facing a $24 million budget deficit for FY2011. After hearing a report of the FY2011…

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MWRD Discusses New Office Space Options, But May Dock Plans Due to Grim Budget Projections

On June 17, 2010 the Metropolitan Water Reclamation District held a…

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Cloudy Mid-Year Financials for MWRD May Mean Choppy Waters Ahead

Last week the Metropolitan Water Reclamation District Board of Commissioners held a public…

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Local Pension Investment Returns—Is the Risk Worth the Reward?

All ten Chicago-area local government pension funds analyzed annually by the Civic Federation had negative investment returns in fiscal year 2008 for a total investment…

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Local Pension Unfunded Liabilities Hit $18.5 Billion

The total unfunded liabilities of the ten major Chicago-area public pension funds reached $18.5 billion in fiscal year 2008. That is an increase…

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How Healthy are Chicago-area Public Pension Funds? A Look at Funded Ratios

As reported in the Civic Federation’s latest report on ten local government pension funds, the most recent audited financial statements of the…

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Status of Local Pension Funding Fiscal Year 2008: An Evaluation of Ten Local Government Employee Pension Funds in Cook County

This report analyzes basic financial data on ten major local government employee pension funds in Cook County. It is intended to provide lawmakers, pension trustees, pension fund members and taxpayers with the information they need to…

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Civic Federation Blog Provides Rapid Response Analysis

The redesign of the Civic Federation website in July has provided the public, government officials, and the media better access to the Federation’s analyses of government services in Illinois. The regularly-updated Civic Federation blog…

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MWRD Proposes Pension Reform Task Force

As noted on page 9 of its FY2010 Tentative Budget, the Metropolitan Water Reclamation District of Greater Chicago will begin to…