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6.1b ERMUSR 01-08-2019 Elk River Municipal Utilities UTILITIES COMMISSION MEETING TO: FROM: ERMU Commission Theresa Slominski—Finance & Office Manager MEETING DATE: AGENDA ITEM NUMBER: January 8, 2019 6.1 b SUBJECT: Staff Update ACTION REQUESTED: None DISCUSSION: • The bulletproof glass at the front counter was installed after business hours on Friday, December 14. It looks very professional and still provides a good customer service experience. We are able to dialogue with customers, as the arched glass pieces allow sound to transfer easily, and there is no distortion or reduction in volume. • Final power cost adjustment(PCA)totals distributed to customers throughout December were $258,717.57. • Inventory counts were completed December 27, 2018 and went very well. The new Inventory person hired at the end of February 2018 did a great job organizing the electric inventory throughout the year which facilitated a very efficient final inventory count. Final results for electric were 98.96% inventory accuracy, and 100% for water. • Early Performance Metrics Incentive Compensation preliminary reporting for 2018 4th quarter is attached,which shows a score of 85 out of 100. The missing 15 points are from two sub-categories: the Customer Satisfaction metric of 89%, which is under the goal of > 90%,worth 5 points, and the Employee Turnover metric of 9.09%,which is over the goal of< 7.5%, and worth 10 points. Final presentation of this will be in April 2019 when the financial audit is completed and those final numbers are available. We will need to accrue this expense for the audit and will be using the score of 85 and the multiplier of 100% for our calculations, effectively 1.7% of the possible 2%. ATTACHMENTS: • 4th Quarter 2018 PMIC preliminary results Page 1 of 1 98 ea m u W w O ci a) m g N N N c \ o 0 0 .-i to O .i M M W O N O0 W 1 co O O N Ot 01 t0 c-1 01 c s a Y Y S U U a) a) U A co E E 2_ a) a) 0) 0) 0) a) c c O O a) c a) aJ E E E E E E O O c c E O E E tIL 'O y 00 a) •— a7 v _a c r CO 3 u ¢ 2a O) O N L y -0 u LA LA LA LA LA 01 LA Ln 0 0 O O O Ln N U N • a a) 0 a.. C m . m c c v C V w w Ln o \ e a LV) pOa G een o a�i m w .Q oN O o v ti m ): m m a) 6 V C7 � a Q CO v m v nl vl ^I Al nl A O 6 L Ct. 50 ill 9 O c at (13 d In LA LA LA LA LA LA LA LA O O O O en C a C. N E U ate) 4) c a Y E m c C ro m c 0 .c N c — v u > C y a`i o rua F- p 0 n c c Z. 3 a u 'p Y a 0.1 CO = 'c o u C 0 m L j a) v) Ln I— O io 0 Q RS O O V O O a) N cO O {A {/1 D' C ra a E > O_ ccm c CD 0 41 C U -0 aU.i E p LL a) d O Q U C `0 a) a) j N N Q Q Q J 7 E (9 c N a) C Q)• v) g J m U V1 to g U LL a t0 2 C Crq Q. U .- Al Mr) ON ci .0 E al d r, O N 0 > a) . c�-1 a) O N i T N 0 a) -n a.. G. 00 1a ) 0) , O E U a) 0 N C 7 v1 U) E O .0 O O f0 ..... �, U �' E w v cra v -o . ei ro )a Z = La O i.� -moo .� Illd `n U Q cc