6.01c ERMUSR 11-14-2023��i
Elk River
Municipal Utilities UTILITIES COMMISSION MEETING
TO:
FROM:
ERMU Commission
Melissa Karpinski — Finance Manager
MEETING DATE:
AGENDA ITEM NUMBER:
November 14, 2023
6.01c
SUBJECT:
Staff Update
ACTION REQUESTED:
None
DISCUSSION:
• Continued efforts compiling 2024 budget information.
• The Investment and Reserve Committee is having its annual meeting before the
November Commission meeting.
• Online/paperless benefit enrollment through iVUE Connect Financials will go live for
2024 open enrollment. Accounting and HR have been busy getting the system ready and
tested prior to our open enrollment meetings.
• Completed arbitrage compliance information request for the 2018A bonds.
• The auditors from Abdo will be performing preliminary audit work on December 7.
Typically, preliminary audit work involves inventory observations, accounts payable
testing, and review of the year's meeting minutes. The 2023 audit field work is
scheduled for February 22-23. The audit will be completed utilizing either a hybrid
method or a fully remote method.
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