Financial Documents
Treasurer's Monthly Reports
Quarterly Interest Rate Swap Reports
Investor Information and Related Reports
Revenue Bond Official Statement
This is an electronic, digital copy of the Official Statement for the
bonds referenced therein. This electronic Official Statement has been
posted for informational purposes only and is not an offer to sell or a
solicitation of an offer to buy any securities. The information and
expressions of opinion in the Official Statement are subject to change
without notice, and the provision of electronic access to the Official
Statement shall not create any implication that there has been no change
since the date thereof. This Official Statement will not be updated
after the dated date thereof and information in the Official Statement
may cease to be accurate after such date.
MWD currently anticipates that the disclosure documents prepared from
time to time in connection with the offering and sale of securities by
MWD may contain information updating or supplementing the information
presented at this Web site. In addition, certain financial information
and operating data, and information regarding certain material
developments respecting MWD and securities from time to time issued by
it, will be filed with the Municipal Securities Rulemaking Board's
Electronic Municipal Market Access (EMMA) System from time to time. MWD
in its discretion will determine whether to include such updated
information on its website or to otherwise supplement, update or modify
the information at this website. Furthermore, the information in each
document or file is dated as of the date or dates indicated, and MWD
disclaims any duty or obligation either to update the information
contained at this website or to maintain the availability of such
information. Reference should be made to those other sources to obtain
such supplemental, updated or modified information.
Water Revenue Bonds
Preliminary Official Statement
Water Revenue Bonds, 2021 Series A
January 13, 2021
(4 MB PDF)*
Supplement Dated May 20, 2020 to Remarketing Statement Dated May 14, 2020
Subordinate Water Revenue and Water Revenue Refunding Bonds, 2017 Series C, D, and E
May 20, 2020
(6 MB PDF)*
General Obligation Bonds
Final Official Statement
Waterworks General Obligation Refunding Bonds
2020 Series A
Aug. 13, 2020
(1.25 Mb PDF)*
Credit Rating Agency Reports
Peer survey: Revenue Structure of Various Wholesale Water Agencies
Board Documents and Policies
Quarterly Investment Reports
Links to Rating Agencies
MWD offers these rating agency links because the rating agencies
provide information and additional perspectives relating to financial
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operate or take responsibility for what appears on these Web sites.
MWD does not endorse any opinion, report; product or service
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Financial Archives
Click here to
search for past reports. In the subject line, for example, search for
"swap monthly," "treasurer's monthly" or "executive financial."
Rates Policy Library Documents
- Board Letter (Dec 1952) – Adopted MWD role as regional provider, and opinion against overlapping and parallel facilities (Laguna Declaration)
- Resolution 5821 (Sep 1960)
– Determines that at least 50% of capital plus O&M should be
collected via sales revenues; credits annexation revenues to bond
obligations; sets water rate formula
- Board Letter (Dec 1969) – Synopsis of the Water Pricing Policy Study by Brown & Caldwell and R.
- Board Letter (Apr 1970 ) – Summary of Water Pricing Policy Study by Brown & Caldwell and R. Skinner
- Board Letter (Jan 1991) - Provides information regarding the water/tax compromise embodied in section 124.5 of the MWD Act
- Board Letter (Feb 1991)
– Discusses the proportionate use formula and prospective tax revenues,
and amends Adm. Code with minimum property tax revenues at the 1990-91
levels
- Board Letter (Jan 1992) - Addition of new district policies to the Administrative Code, Mission Statement, and water transfer policy
- Board Letter (July 1992) – Information letter to the Board regarding the Revenue Design Study by Black & Veatch
- Board Letter (Oct 1992) - Describes 1993-94 cost and revenue alternatives and presents required cost reductions and rate increases
- Board Letter (Dec 1992) - Presents an action plan to consider the recommendations contained in the revenue design study prepared by Black & Veatch
- Board Letter (Nov 1992 )
- Discusses determination of firm revenue source, and presents three
alternatives of imposing a water standby charge on parcels within
Metropolitan's service area
- Board Letter (Mar 1993) – Develops water rate structure objectives
- Board Letter (June 1993) - Provides information about the status of current law regarding connection fees and capacity charges and related charges
- Board Letter (Dec 1993)
- Presents the recommended new rate structure and new revenue sources
from New Demand Charge, RTS, Treated Water Peaking Charge, and
Connection Maintenance Charge
- Board Letter (Feb 1994) – Discusses the exclusion of long-term storage from the RTS charge
- Board Report (Sep 1994)
- Nexus study in support of Metropolitan's New Demand Charges;
establishes the connection between the new demand charge and the costs
for new facilities to serve new demands
- Board Letter (July 1996)
- Rate Refinement Process summary; recommends approval of the rate
action, suspension of New Demand Charge, completion of phase 2 and 3 of
the rate refinement process
- Strategic Plan Policy Principles (Dec 1999) – Developed and adopted by the Board to guide staff and the member agencies in developing a revised rate structure.
- Board Letter (Oct 2001) – Adopts rate structure proposal and implements new rates and charges for 2003
- Board Report (June 2002) – Detailed FY2002-03 Cost of Service report and FAQ regarding the new rate structure
- Board Letter (Apr 2009) – Adopts rates and charges for 2009/10
Rate Structure Topics
Wheeling Policy Library
