Budget Message / Highlights - Metropolitan Water Reclamation ...

METROPOLITAN WATER RECLAMATION DISTRICT OF GREATER CHICAGO
2009 BUDGET
TABLE OF CONTENTS
INTRODUCTION
Map of Cook County ..................................................................................................................................................
Description of the Metropolitan Water Reclamation District of Greater Chicago ......................................................
How to Use the District's Budget ................................................................................................................................
Table of Contents ........................................................................................................................................................
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SECTION I. BUDGET FOREWORD
Presidents’ Message / 2009 Budget Highlights ........................................................................................................... 1
Financial Policies, Objectives, and Accomplishments ................................................................................................ 31
Strategic Planning, Policy Development, and the Budget Process .............................................................................. 36
Report of the Committee on Budget and Employment................................................................................................. 40
Annual Appropriation Ordinance ................................................................................................................................ 42
SECTION II. BUDGET AND FINANCIAL SUMMARIES, SCHEDULES, AND EXHIBITS
Where the Money Comes From; Where the Money Goes ........................................................................................... 45
Net Assets Appropriable ............................................................................................................................................. 46
Estimated Tax Rate ..................................................................................................................................................... 47
Taxable Property (Equalized Assessed Valuation - Table and Graph) ....................................................................... 48
Appropriations, Tax Levies, and Tax Rates ................................................................................................................ 49
Comparative Statement of Appropriations, Tax Levies, and Tax Rates ...................................................................... 50
Comparative Appropriations:
by Major Object/Character of Expenditure (Graph) ................................................................................................ 52
by Major Object ...................................................................................................................................................... 53
by Character of Expenditure .................................................................................................................................... 54
by Department and Major Program ......................................................................................................................... 55
by Fund and Major Program (Graph) ...................................................................................................................... 56
by Program Objective, by Fund ............................................................................................................................... 58
Annual Debt Service Graph ........................................................................................................................................ 59
Outstanding Bonds and Statutory Debt Margin .......................................................................................................... 60
Account and Personnel Summary (Table and Graph) ................................................................................................. 61
Five-Year Financial Forecast, 2009 – 2013 ................................................................................................................ 64
SECTION III. FINANCIAL STATEMENTS BY FUND
Financial Narrative ...................................................................................................................................................... 77
Summary of Revenue and Expenditures, 2009 – 2007 ................................................................................................ 81
Summary of 2009 Assets Appropriable for All Funds ................................................................................................ 85
Combined Balance Sheets, 2007 – 2006 ..................................................................................................................... 86
Appropriations for Liabilities, 2009 – 2008 ................................................................................................................ 88
Taxes Receivable, 2008 and Prior Years, Including Estimate for 2009 ...................................................................... 89
Personal Property Replacement Taxes Receivable, 2008 and Prior Years, Including Estimate for 2009 ................... 90
Corporate Fund:
Financial Narrative .................................................................................................................................................. 91
Revenue Graphs, 2002 – 2009 ................................................................................................................................. 92
Estimated Balance Sheets, 2009 – 2008 .................................................................................................................. 93
Appropriable Revenues, 2009 – 2006 ..................................................................................................................... 94
Financing, 2009 – 2004 ........................................................................................................................................... 95
Corporate Working Cash Fund: Estimated Balance Sheets, 2009 – 2008, and Revenues, 2009 – 2006 ................... 96
Capital Funds:
Financial Narrative .................................................................................................................................................. 97
Capital Improvements Bond Fund:
Estimated Balance Sheets, 2009 – 2008 .............................................................................................................. 98
Appropriable Revenues, 2009 – 2006 .................................................................................................................. 99
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