# Louisville and Jefferson County Metropolitan Sewer District

Louisville and Jefferson County Metropolitan Sewer District is a Government / Public Body based in Louisville, United States.

## Overview

- **Organization type:** Government / Public Body
- **Headquarters:** Louisville, United States
- **Region:** North America
- **Address:** 700 West Liberty Street, Louisville, KY 40203, United States
- **Founded:** 1946
- **Assets under management:** Undisclosed
- **Website:** louisvillemsd.org
- **LinkedIn:** https://www.linkedin.com/company/louisville-metropolitan-sewer-district

## Regulatory record

- **Reports private funds:** No

## About

The Louisville and Jefferson County Metropolitan Sewer District is a government agency based in Louisville, US. It oversees approximately $4.2 billion in assets, primarily serving the North American region.

## Sectors

- Infrastructure
- Water & Wastewater

## People

- James A. Parrott — Executive Director
- Ricky Mason — Board Chairman

## Questions

### Does MSD fund operations through asset returns or fees?

MSD is funded by ratepayer fees for sewer and drainage service, municipal bond proceeds, and state revolving fund loans. It does not have an endowment-style investment portfolio, nor does it allocate to external managers.

### How is MSD related to the 2005 EPA consent decree?

A 2005 consent decree with the EPA and Kentucky's environmental agency mandates that MSD overhaul its combined sewer overflow system at an estimated cost of over $4 billion. This legal agreement dictates the capital deployment schedule, making it the dominant driver of the district's multi-decade spending plan.

### What is MSD's approach to co-investments alongside external public agencies?

MSD merges and consolidates with other public entities rather than co-investing; the 2020 absorption of the Oldham County Environmental Authority is the primary example, bringing that county's treatment assets directly onto MSD's balance sheet through annexation, not a fund structure or parallel investment vehicle.

### Which sectors does MSD operate in, and what is explicitly avoided?

The district operates exclusively in water quality treatment, flood protection, and stormwater drainage. It has no mandate for financial-sector investments, private equity, real estate speculation, or any for-profit venture activity — the legal charter and consent decree bind it entirely to wastewater and drainage infrastructure.

## Related profiles

- [Louisiana Workers' Compensation Corporation](https://altss.com/profile/louisiana-workers-compensation-corporation)
- [Louisville Presbyterian Theological Seminary](https://altss.com/profile/louisville-presbyterian-theological-seminary-lpts)

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Last updated: 2026-06-03T20:00:00.000Z

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