Information for Investors *WEBSITE DISCLAIMER* This website includes information relating to Massachusetts Water Resources Authority (MWRA) and certain of its bonds and notes, including offering documentation and other materials. Any such material is provided for general informational purposes only and is not intended to be the basis of, and should not be relied upon in making, an investment in MWRA bonds or notes. THIS WEBSITE DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO SELL OR BUY ANY SECURITIES. OFFERS TO PURCHASE MWRA BONDS OR NOTES MAY ONLY BE MADE THROUGH A REGISTERED BROKER-DEALER AND THROUGH AN OFFICIAL STATEMENT.
Materials that may be of interest to holders of MWRA bonds or notes are presented in this section for historical information only. The information set forth in the documents accessible from this page is limited in scope and does not contain all material information concerning MWRA or its bonds or notes necessary to make an informed investment decision. The user acknowledges that the documents presented address only the matters discussed therein, are each dated as of a certain date and have not been updated since that date and, as a result, may not address all factors that may be material to an investor; and any forward-looking statements included in the information on this website are subject to a variety of uncertainties that could cause any actual results to differ materially from the projected, estimated or budgeted information in any such statement. The user further acknowledges that such documents may contain material misstatements or omissions of fact because of the passage of time or changes in facts or circumstances subsequent to the dates of such documents, or both. The MWRA expressly disclaims any duty to provide an update of any document contained in this section.
Statements and Reports Open all Official Statements
Bond Official Statement General Revenue Bonds, 2024 Series B (Green Bonds); General Revenue Refunding Bonds, 2024 Series C (Green Bonds) July 11, 2024 2023Bond Official Statement: General Revenue Bonds, 2023 Series B (Green Bonds); General Revenue Refunding Bonds, 2023 Series C (Green Bonds) (PDF) April 24, 2023 2021Bond Official Statement: General Revenue Bonds, 2021 Series B (Green Bonds); General Revenue Refunding Bonds, 2021 Series C (Green Bonds0 (PDF) December 9, 2021 2020Bond Official Statement: General Revenue Bonds, 2020 Series B (PDF) September 9, 2020 2019Bond Official Statement: General Revenue Bonds, 2019 Series E; General Revenue Refunding Bonds, 2019 Series F and G (Green Bonds) (PDF) October 9, 2019 2019Bond Official Statement: General Revenue Bonds, 2019 Series B; General Revenue Refunding Bonds, 2019 Series C (Green Bonds) (PDF) May 8, 2019 2018Bond Official Statement: General Revenue Bonds, 2018 Series B; General Revenue Refunding Bonds, 2018 Series C (Green Bonds) (PDF) May 9, 2018
Most Recent Credit Rating Reports
Audited Financial Statement
MWRA Financial Statements and Supplemental Schedules and Required Supplementary Information June 30, 2024 and 2023 (PDF) (With Independent Auditors’ Report Thereon)September, 2024 MWRA Financial Statements and Supplemental Schedules and Required Supplementary Information June 30, 2023 and 2022 (PDF) (With Independent Auditors’ Report Thereon)September, 2023 MWRA Financial Statements and Supplemental Schedules and Required Supplementary Information June 30, 2022 and 2021 (PDF) (With Independent Auditors’ Report Thereon)September, 2022 MWRA GAO and Uniform Guidance Reports Year Ended June 30, 2021 (PDF) September, 2021 MWRA Financial Statements and Supplemental Schedules and Required Supplementary Information June 30, 2021 and 2020 (PDF) (With Independent Auditors’ Report Thereon)September, 2021 MWRA Financial Statements and Supplemental Schedules and Required Supplementary Information June 30, 2020 and 2019 (PDF) (With Independent Auditors’ Report Thereon)September, 2020 MWRA Financial Statements and Supplemental Schedules and Required Supplementary Information June 30, 2019 and 2018 (PDF) (With Independent Auditors’ Report Thereon)September, 2019 MWRA GAO and Uniform Guidance Reports Year Ended June 30, 2019 (PDF) September, 2019 MWRA Financial Statements and Supplemental Schedules and Required Supplementary Information June 30, 2018 and 2017 (PDF) (With Independent Auditors’ Report Thereon)September, 2018
MWRA Irrevocable OPEB Trust Financial Statements
Massachusetts Water Resources Authority Irrevocable OPEB Trust Financial Statements, June 30, 2024 and 2023 (PDF) (With Independent Auditor's Report Theron) August, 2024 Massachusetts Water Resources Authority Irrevocable OPEB Trust Financial Statements, June 30, 2023 and 2022 (PDF) (With Independent Auditor's Report Theron) September, 2023 Massachusetts Water Resources Authority Irrevocable OPEB Trust Financial Statements, June 30, 2022 and 2021 (PDF) (With Independent Auditor's Report Theron)December, 2022 Massachusetts Water Resources Authority Irrevocable OPEB Trust Financial Statements, June 30, 2021 and 2020 (PDF) (With Independent Auditor's Report Theron)December, 2021 Massachusetts Water Resources Authority Irrevocable OPEB Trust Financial Statements, June 30, 2020 and 2019 (PDF) (With Independent Auditor's Report Theron)September, 2020 Massachusetts Water Resources Authority Irrevocable OPEB Trust Financial Statements, June 30, 2019 and 2018 (PDF) (With Independent Auditor's Report Theron)August, 2019 Massachusetts Water Resources Authority Irrevocable OPEB Trust Financial Statements, June 30, 2018 and 2017 (PDF) (With Independent Auditor's Report Theron)September, 2018
Current Expense Budget (CEB)
Capital Improvement Budget (CIP)
Archive: Fiscal Year 2024Final December, 2023 Fiscal Year 2023Final December, 2022 Fiscal Year 2022Final Proposed June, 2021 February, 2021Fiscal Year 2021Final Proposed June, 2020 February, 2020Fiscal Year 2020Final Proposed June, 2019 February, 2019Fiscal Year 2019Final Proposed June 20, 2018 February, 2018
Community Assessment Schedule (Rates)
FY 2025 — Final Community Assessment Schedule June, 2024 FY 2025 - Preliminary Community Assessment Schedule February, 2024 FY 2024 — Final Community Assessment Schedule June, 2023 FY 2024 - Preliminary Community Assessment Schedule February, 2023 FY 2023 — Final Community Assessment Schedule June, 2022 FY 2023 — Preliminary Community Assessment Schedule February, 2022 FY 2022 — Final Community Assessment Schedule June, 2021 FY 2022 — Preliminary Community Assessment Schedule June, 2021 FY 2021 — Final Community Assessment Schedule June, 2020 FY 2021 — Preliminary Community Assessment Schedule February, 2020 FY 2020 — Final Community Assessment Schedule June, 2019 FY 2020 — Preliminary Community Assessment Schedule February, 2019 FY 2019 — Final Community Assessment Schedule June, 2018 FY 2018 — Final Community Assessment Schedule June, 2017 FY 2018 — Preliminary Community Assessment Schedule February, 2017
Bond Resolution and Policies
Actuarial Valuations and Reports
MWRA Retirement Actuarial Valuation Report as of January 1, 2024 June 26, 2024 MWRA Retirement Actuarial Valuation Report as of January 1, 2023 June 9, 2023 Actuarial Valuation Report and Review of Other Post-Employment Benefits (OPEB) as of December 31, 2021 February 8, 2023 MWRA Retirement Actuarial Valuation Report as of January 1, 2022 October 24, 2022 MWRA Retirement Actuarial Valuation Report as of January 1, 2021 September 9, 2021 Triennial Report of the Consulting Engineer — Conditions & OperationsTriennial Report of the Consulting Engineer — Conditions & Operations October, 2020 MWRA Retirement Actuarial Valuation Report as of January 1, 2020 October 28, 2020