6.1c ERMUSR 09-12-2023UTILITIES COMMISSION MEETING
TO:FROM:
ERMU Commission Melissa Karpinski –FinanceManager
MEETING DATE: AGENDA ITEM NUMBER:
September 12, 2023 6.1c
SUBJECT:
Staff Update
ACTION REQUESTED:
None
DISCUSSION:
We received our 2023-2024 workers’ compensation coverage renewal quote. Our
experience modification factor came in at .70, which is comparable to last year at .69.
Estimated premiums will be $67,593, whichis 12% higher thanlast year. Rates on
average will increase 3% for renewals in 2023. Other factors that affect premiums are
changes in expenditures, payrolls, and other exposure measures.
Staff continues compiling 2023 budget information.
I will be attending National Information Solutions Cooperatives’s Member Information
Conference, September 17-20 in Denver, CO. I am looking forward to attending the
many classes being offered on Business Intelligence & Reporting (Mosaic).
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