Budget Message / Highlights - Metropolitan Water Reclamation ...

METROPOLITAN WATER RECLAMATION DISTRICT OF GREATER CHICAGO
2009 BUDGET
BOARD OF COMMISSIONERS
2009 BUDGET NARRATIVE (continued)
3. Maintain the District’s top-quality bond rating. As liaison to rating agencies, Treasury will work to maintain the
AAA credit ratings with Moody’s, Standard and Poor’s, and Fitch. With volatile economic market conditions, it is
important to establish a periodic review of key ratios used by the credit rating industry to monitor the District’s overall
performance, such as, expense to fund balance ratio, change in reserve balances, etc., to satisfy their AAA rating
requirements. The Treasury Section will continue to provide necessary information to keep the agencies current with
the District’s major changes and initiatives.
Million $
$55
$50
$45
$40
39.8
Investment Interest Income / Average Investment Interest Rate
All Funds 2000 - 2009
Investment Interest Income ($)
Average Investment Interest (%)
# of Investment Purchases (Thousands)
46.2
Interest Rate (%) and
# of purchases (000)
20
18
16
14
$35
32.5
32.3
12
$30
$25
26.7
27.4
10
$20
$15
6.2
15.0
13.2
14.5
19.7
5.0 5.1
8
6
$10
$5
3.0 2.9
3.6
3.4
2.9
3.7
2.0
4.3
2.7
1.9
3.4
2.5
1.7
3.1
2.0 2.0
1.5
4
2
$0
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
Est.
Proj.
0
Ending
Investment
Inventory
(Par Value)
$515.6 $627.5 $659.0 $720.5 $696.1 $634.5 $956.7 $810.5 $950.0 $810.0
(Dollars in Millions)
116
116