December 05, 2017
Click here to read the full report.
The Civic Federation supports the Metropolitan Water Reclamation District’s Tentative FY2018 budget of $1.13 billion because it continues to control operating expenses and maintains financial safeguards, including substantial reserves, to cover shortfalls or financial emergencies.
As detailed in the report, the District’s FY2018 budget proposal continues to make increased contributions to the pension fund and to the retiree healthcare trust fund. The contributions have started to reverse the downward financial trajectory of the pension fund and will make retirees’ healthcare benefits more financially secure and affordable for taxpayers. Additionally, by implementing safety training programs, the MWRD has significantly reduced the number of workers’ compensation claims.