Finance

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

FY13 MPEA Audited Financial Statements

FY12 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 – FY24 to FY26

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

MPEA Financial Plan – FY16 to FY18

MPEA Financial Plan – FY15 to FY17

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

MPEA Tax Collections FY22

MPEA Tax Collections FY21

MPEA Tax Collections FY20

MPEA Tax Collections FY19

MPEA Tax Collections FY18

MPEA Tax Collections FY17

MPEA Tax Collections FY16

MPEA Tax Collections FY15

MPEA Tax Collections FY14

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

Illinois State Sales Tax Revenues FY15 

Illinois State Sales Tax Revenues FY14

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

Metropolitan Pier and Exposition Authority
301 East Cermak Road • Chicago, IL 60616 • (312) 791-7500

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Metropolitan Pier and Exposition Authority