Massachusetts Water Resources Authority
MASSACHUSETTS WATER RESOURCES AUTHORITY Fiscal Year 2019 Final CURRENT EXPENSE BUDGET The Government Finance Officers Association of the United States and Canada (GFOA) presented an award of Distinguished Budget Presentation to the Massachusetts Water Resources Authority for its annual budget for the fiscal year beginning July 1, 2017. In order to receive this award, a government unit must publish a budget document that meets program criteria as a policy document, as an operations guide, as a financial plan and as a communication device. The award is valid for a period of one year only. We believe our current budget continues to conform to program requirements, and we are submitting it to GFOA to determine its eligibility for another award. BOARD OF DIRECTORS Left to right seated: Henry F. Vitale, Paul E. Flanagan, John J. Carroll, Vice-Chairman, Brian Peña Left to right standing: John J. Walsh, Matthew A. Beaton, Chairman, Joseph C. Foti, Jennifer L. Wolowicz, Andrew M. Pappastergion, Secretary, Austin F. Blackmon, Kevin L. Cotter, Fredrick A. Laskey, MWRA Executive Director. Prepared under the direction of Frederick A. Laskey, Executive Director David W. Coppes, Chief Operating Officer Thomas J. Durkin, Director, Finance together with the participation of MWRA staff. Louis M. Taverna, Chairman September 2018 MWRA Advisory Board 100 First Avenue Boston, MA 02129 Dear Chairman Taverna: This letter transmits to the Advisory Board MWRA’s Current Expense Budget (CEB) for Fiscal Year 2019. The CEB was approved by the MWRS’s Board of Directors on June 20, 2018. The FY19 Final Budget recommends a combined assessment increase of 3.07%, which is lower than the 3.8% increase projected for FY19 last year.
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