MPEA is committed to operating in a fiscally responsible and transparent manner. Please find information below regarding our bond disclosures, operating budget, audited financial statements and annual reports.
Advice to Readers
This page and documents within contain information related to certain bonds issued by the Metropolitan Pier and Exposition Authority. Downloading any of these files indicates that the reader agrees with the terms mentioned in this disclaimer.
Audited Financial Statements
Metropolitan Pier and Exposition Authority (“MPEA” or the “Authority”) prepares its annual financial statements in accordance with Generally Accepted Accounting Principles (GAAP). The Authority’s basic financial statements are prepared using proprietary fund (enterprise fund) accounting. The Authority is operated under one enterprise fund. Under this method of accounting, an economic resources measurement and the accrual basis of accounting is used. Revenue is recorded when earned, and expenses are recorded when incurred. The basic financial statements include statements of net position; statements of revenue, expenses, and changes in net position; statements of cash flows; statements of fiduciary net position; and statements of changes in fiduciary net position. Notes to the basic financial statements are also included.
FY22 MPEA Audited Financial Statements
FY21 MPEA Audited Financial Statements
FY20 MPEA Audited Financial Statements
FY19 MPEA Audited Financial Statements
FY18 MPEA Audited Financial Statements
FY17 MPEA Audited Financial Statements
FY16 MPEA Audited Financial Statements
FY15 MPEA Audited Financial Statements
FY14 MPEA Audited Financial Statements
Operating Budget
The Metropolitan Pier and Exposition Authority (“MPEA” or the “Authority”) is required by the MPEA Act to develop and adopt a 3-year Financial Plan. The Authority is required to adopt its financial plan at least 60 days prior to the beginning of each fiscal year. After adoption by the Authority, the Authority shall file each financial plan with the Governor of the State of Illinois, the Mayor of the City of Chicago, and the General Assembly of the State of Illinois not later than 10 days after its adoption. As required by the MPEA Act, revenue estimates included in the Financial Plan are reviewed by independent certified public accountants who are not currently performing any other work for the Authority.
MPEA Financial Plan – FY23 to FY25
MPEA Modified Financial Plan_FY21-22-23
Modified MPEA Financial Plan – FY20 to FY22
MPEA Financial Plan – FY20 to FY22
MPEA Financial Plan – FY19 to FY21
MPEA Financial Plan – FY18 to FY20
MPEA Financial Plan – FY17 to FY19
Expansion Project Bonds Investor Disclosures
The sections below provide information about the outstanding Expansion Project Bonds issued by the Metropolitan Pier and Exposition Authority (“MPEA” or the “Authority”). Included are state bond disclosure filings for the Expansion Project Bonds, which are required to be provided to the State of Illinois Office of the Comptroller after new Expansion Project Bonds are issued, official statements for the Authority’s outstanding Expansion Project Bonds, and the Audited Financial Statements and Annual Financial Information that MPEA is required to submit annually pursuant to the Continuing Disclosure Agreements entered into in connection with the issuance of the Authority’s outstanding Expansion Project Bonds.
State Bond Disclosure Filings
MPEA Series 2022B Expansion Project Bonds
MPEA Series 2022A Expansion Project Bonds
MPEA Series 2021A Expansion Project Bonds
MPEA Series 2020 BCD Expansion Project Bonds
State Bond Disclosure Series 2020A
State Bond Disclosure Series 2019
State Bond Disclosure Series 2017
State Bond Disclosure Filing for MPEA 2015ABC Expansion Project Bonds
State Bond Disclosure Filing for MPEA 2012ABC Expansion Project Bonds
State Bond Disclosure Filing for MPEA 2010AB Expansion Project Bonds
Official Statements
MPEA Series 2022B Official Statement
MPEA Series 2022A Official Statement
MPEA Series 2020BCD Official Statements
MPEA Series 2020A Expansion Project Bonds
MPEA Series 2017 Bonds Final OS
MPEA Series 2015 Expansion Project Bonds
MPEA Series 2012 Expansion Project Bonds
MPEA Series 2010 Expansion Project Bonds
MPEA Series 2002 Expansion Project Bonds
MPEA Series 1998 Expansion Project Bonds
MPEA Series 1996A Expansion Project Bonds
MPEA Series 1994 Expansion Project Bonds
MPEA Series 1992A Expansion Project Bonds
MPEA Tax Collections
Illinois State Tax Collections
Illinois State Sales Tax Revenues FY22
Illinois State Sales Tax Revenues FY21
Illinois State Sales Tax Revenues FY20
Illinois State Sales Tax Revenues FY19
Illinois State Sales Tax Revenues FY18
Illinois State Sales Tax Revenues FY17
Illinois State Sales Tax Revenues FY16
Independent Registered Municipal Advisor Exemption Letter
By publicly posting the disclosure below, the Metropolitan Pier and Exposition Authority intends that market participants receive and use it for purposes of the independent registered municipal advisor exemption to the SEC Municipal Advisor Rule.
MPEA Notice of Registered Municipal Advisor Representation August 2022
Project Revenue Bonds Investor Disclosures
The sections below provide information about the outstanding Project Revenue Bonds issued by the Metropolitan Pier and Exposition Authority (“MPEA” or the “Authority”). Included are state bond disclosure filings for the Project Revenue Bonds, which are required to be provided to the State of Illinois Office of the Comptroller after new Project Revenue Bonds are issued, voluntary information disclosures for the Authority’s outstanding Project Revenue Bonds, and the Audited Financial Statements and Annual Financial Information that MPEA is required to submit annually pursuant to the Continuing Disclosure Agreements entered into in connection with the issuance of the Authority’s outstanding Project Revenue Bonds.
State Bond Disclosure Filings
Voluntary Information Disclosures
Annual Financial Information
