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6.1.B. ERMUSR 06-10-2014 Elk River *, Municipal Utilities UTILITIES COMMISSION MEETING TO: FROM: Elk River Municipal Utilities Commission Theresa Slominski—Finance and Office Manager John Dietz—Chair Al Nadeau—Vice Chair Daryl Thompson—Trustee MEETING DATE: AGENDA ITEM NUMBER: June 10, 2014 6.1b SUBJECT: Staff Update DISCUSSION: We had 2,484 credit card payment transactions in May, compared to 2,576 in April. The fee for May should be $5,589.00. An update on the software conversion: • NISC will be here for administrative training of the accounting piece of the software the week of June 9th through the 13th. • Preparation for the Customer Care and Billing conversion in February of 2015 is starting to ramp up as those pre-preparations are beginning at NISC. • Our current credit card provider has been given notice for the termination of our association with them, effective April 26th 2016. As this will be later than our February 2015 implementation date, the next step is to explore the impact of that association. Peter Beck and I will be working on this. To update on the PCAs, we have received high PCAs every month so far in 2014. The May bill, we are told, will reflect an additional $73,314 for an accumulated total of$776,645. We charged 6 mils in May, collecting $130,131. This leaves us with approximately another 6 mils to collect in a later month to bring the balance within $500,000. Anticipating future PCAs, we will be charging 3-6 mils in June. We will continue to monitor this and provide the updated balances. lIEEAED BI Page 1 of 1 NATURE Reliable Public Power Provider P O W E R E D T O S ER V E 79