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6.1b ERMUSR 07-11-2017 Elk River Municipal Utilities UTILITIES COMMISSION MEETING TO: FROM: ERMU Commission Theresa Slominski—Finance & Office Manager MEETING DATE: AGENDA ITEM NUMBER: July 11, 2017 6.1b SUBJECT: Staff Update ACTION REQUESTED: None DISCUSSION: • I participated in a webinar"Executive Address" from NISC, where they presented their in-house development of Cyber Security options. They basically have their own Cyber Security options for organizations that may not be able to find/fund certain resources all on their own. NISC has partnered with various third parties to bring the expertise to the customers they serve. We are very fortunate to have IT staff that has already embraced this need and so we are already ahead of many utility organizations. As we move forward with our own cyber security evaluations, however,this may be an additional resource consideration. • As a follow-up from the General Manager review last month, and the request to benchmark that position, I have been reviewing potential additional Executive Compensation options with our insurance brokers, as well as local independents. My plan is to have some options identified to present at the fall Wage and Benefits Committee meeting (when we review other benefits, insurance renewals and COLA.) • The last 2016 energy related report has been filed—the MN Utility report. The accounting staff was able to compile the information for this filing, giving them great exposure to the many intricacies of our industry. There were also a few salary survey requests that came through this past month. With these annual reports now filed, we move forward with budgeting for 2018. • In 2012, prior to our First National Bank issued credit cards, I had a company Capital One credit card. That account has now been closed and a check for $15.54 was received for accumulated points. An invoice was created, crediting Miscellaneous Expense, and the check was applied as payment. Page 1 of 1 211