June 2017 Vol. 72 No. 6
Newsline
MWRD Awarded For Excellent Financial Reporting
For yet another year, the Metropolitan Water Reclamation District of Greater Chicago (MWRD) has proven its commitment to accurate and transparent accounting practices.
The Government Finance Officers Association of the United States and Canada (GFOA) recognized the MWRD commissioners and staff with the Distinguished Budget Presentation Award for its 2016 Budget – and for the 32nd consecutive year.
Representing the highest form of recognition in government budgeting, the award demonstrates the effectiveness of the budget as a policy document, a financial plan, an operations guide and a communications device. To qualify, an organization’s budget documents must be rated proficient in all four categories and 14 mandatory criteria within those categories.
Also reflecting long-running streaks, GFOA awarded Certificates of Achievement for Excellence in Financial Reporting by state and local government, for the fiscal year 2015 Comprehensive Annual Financial Reports (CAFR) – to the MWRD organization for 41 consecutive years, and its Retirement Fund and Retiree Health Care Trust for 23 and 9 consecutive years, respectively.
Established in 1889, the MWRD is an award-winning, special-purpose government agency responsible for wastewater treatment and stormwater management in Cook County, IL.
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