Steve Lux

Steven J. Lux was appointed by the Board of Commissioners on June 6, 2024, as Treasurer of the Metropolitan Water Reclamation District of Greater Chicago. The Treasurer is responsible for maintaining the District’s cash and investments portfolio, maintaining a proper level of liquidity while maximizing investment returns. The Treasurer is also responsible for debt management which consists of issuing bonds, timely payment of principal and interest payments and ensuring the District has capacity to issue bonds under its Debt Service Extension Base as well as maintain relations with rating agencies and investors. The Treasurer also manages the assets of the District’s Retiree Healthcare Trust.
Steve brings 40 years of accounting and finance expertise, having started his career at Touche Ross, which later merged with Deloitte. In 1996, he joined the City of Chicago, his former client, as Deputy Comptroller, advancing to Managing Deputy Comptroller and then City Comptroller before serving as a Director at Baker Tilly for two years.
In 2013, Steve then returned to government as the Chief Financial Officer of the Chicago Park District. During his eleven-year career at the Park District, he supervised various departments including Budget and Management, Comptroller’s Office, Finance, Performance Management, Procurement, Revenue and Treasury. He transitioned the Park District’s health care to a self-insured model implemented cost-saving measures and reduced utility costs by hedging energy prices during the pandemic.
Steve graduated from the University of Illinois in Champaign with a Bachelor of Sciences degree in Accountancy.