Our Finances

A key indicator of success for GLWA has been responsible financial performance, allowing us to earn the trust of our member partners and investors’ through long-term financial planning.
Below, you’ll see the effort of that transparency and financial responsibility. Or visit Legistar to review our Audit Committee Minutes.

FINANCIAL DOCUMENTS

DWSD Monthly Financial Reports and Other Reports of Interest

GLWA’s outstanding bonds are secured by a statutory lien on the Pledged Assets, including Net Revenues from DWSD Customer Charges, pursuant to Act 94 and the GLWA’s Bond Ordinances. The DWSD financial reports are presented here for reference by stakeholders.

Detroit General Retirement System (GRS) Component II Pension Reports

Consistent with the terms of the foundational Lease agreements and a GRS Pension Agreement, as of January 1, 2016, GLWA assumed responsibility for a pro-rata share of the DWSD Division’s liability for the City’s General Retirement System (“GRS”) pension plan that was frozen and terminated in 2014. For this reason, GLWA’s stakeholders receive and monitor these pension system report to support long-term financial planning.

FINANCIAL ARCHIVE

To look back at GLWA’s financial records, plus select DWSD records, explore our financial archives.