Comprehensive Annual Financial Report
of THE
Metropolitan Water Reclamation District of Greater Chicago
Chicago, Illinois
As of and for the year ended December 31, 2019
Prepared by the Finance Department JACQUELINE TORRES, Clerk/Director of Finance
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TABLE OF CONTENTS
I. INTRODUCTORY SECTION Exhibit Page
Board of"Commissioners and Principal Officers|910|Organization Chart S
President's Letter 9
Awards and Achievements Recognition 14
Certificate of Achievement for Kxcellence in Financial Reporting 16
Clerk/Director of Finance Letter of Transmittal 17
Statement of Responsibility 29
II. FINANCIAL SECTION
Independent Auditor's Report 32 Management's Discussion and Analysis (MD&A) - Unaudited 35 Basic financial Statements
Combined Fund/Government-wide Financial Statements
Governmental Funds Balance Sheets / Statements of Net Position - December 31. 2019
(with comparative amounts for prior year) A-1 54
Statements of Governmental Fund Revenues. Expenditures and Changes in Fund Balances/ Statements of Activities - year ended December 3 1. 2019 (with comparative amounts for prior year) A-2 56
Fund Financial Statements
General Corporate Fund
Statement of Revenues. Expenditures and Changes in Fund Balance - Budget and Actual
on Budgetary Basis - year ended December 31. 2019 A-3 58
Retirement Fund
Statements of Revenues. Expenditures and Changes in Fund Balance - Budget and Actual
on Budgetary Basis - year ended December 31. 2019 A-4 59
Pension and Other Post Employment Benefits Trust Funds
Statements of Fiduciary Net Position - December 31. 2019 (with comparative amounts for prior year) A-5 60
Statements of Changes in Fiduciary Net Position - year ended December 31. 2019
(with comparative amounts for prior year) A-6 61
Notes to the Basic Financial Statements 63
Required Supplementary Information (RSI) Other Than V1D&A - Unaudited
Modified Approach for Eligible Infrastructure Assets 118
Schedule of Changes in the District'...
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