2.4 ERMUSR 05-09-2023Elk River
Municipal Utilities UTILITIES COMMISSION MEETING
TO:
FROM:
ERMU Commission
Melissa Karpinski — Finance Manager
MEETING DATE:
AGENDA ITEM NUMBER:
May 9, 2023
2.4
SUBJECT:
2023 First Quarter Utilities Performance
Metrics Scorecard Statistics
ACTION REQUESTED:
None
BACKGROUND:
Following the Commission's adoption of the Performance Metrics program in December 2012
and the revision in 2016, 2019, 2021 and 2022, we will be tracking the progress for 2023, to be
awarded in 2024. This is a company performance -based program designed to incentivize
employee commitment towards the company's success. Divided into categories representing
core values of the company and again into sub -categories that are quantifiable, this program is
designed to track goals that require companywide support from the employees to continually
achieve. When the employees work together as a team to achieve these goals, the company
recognizes a corresponding increase in value to our customers.
DISCUSSION:
At close of the fiscal 2023 year, and completion of the audit, the final score card will be
evaluated and presented to the Commission for awarding the related distribution in 2024. We
will be tracking the progress of the company and the related score card quarterly throughout
2023. The first quarter scorecard is attached, with some notes for the first quarter results.
FINANCIAL IMPACT:
None, until awarded the following year.
ATTACHMENTS:
• Performance Metrics and Incentive Compensation Policy Score Card — 2023 First
Quarter
• ERMU Policy - G.4g1 - Performance Metrics and Incentive Compensation
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