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6.1b. ERMUSR 10-21-2014Elk 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: October 21, 2014 6.1b SUBJECT: Staff Update DISCUSSION: We had 2,730 credit card payment transactions in September, compared to 2,579 in August. The fee for September should be $6,142.50. An update on the software conversion: • We have now closed one month in ABS (the month of August) and are progressing on the second one (September.) There have been several bumps along the way, many due to learning a new system, our unfamiliarity with it creating problems, and some conversion issues in data transferring over correctly. • The CC &B conversion is moving along and proving to be very intensive. We have so many new and different rates than they are used to (sewer, franchise fees, low load factor credits, etc.) that they have decided to push our first onsite training date back from the first week in November to the first week in December. This allows them more time to convert our data and have it be the most usable when they are here for the first round of training. To update on the PCAs, we have received high PCAs every month through July 2014. We received a credit of $59,651 in August, and another charge of $5,922 in September 2014. Through September's bill, the accumulated PCA total iss $778,599. We charged 6 mils in May collecting $130,131, 6 mils in June collecting $131,188, 2 mils in July collecting $46,277, and 1 mil in August collecting $26,080. This leaves us the uncollected balance at $444,923. If we receive no other PCAs, we are at the $500,000 we established as the amount we were willing to absorb. We will continue to monitor this and provide the updated balances. Reliable Public Power Provider Page 1 of 1 115 �owEAEA or iXWF P O W E R E D To S E R v E