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6.1c ERMUSR 04-09-2024��i Elk River , Municipal Utilities UTILITIES COMMISSION MEETING TO: FROM: ERMU Commission Melissa Karpinski — Finance Manager MEETING DATE: AGENDA ITEM NUMBER: April 9, 2024 6.1c SUBJECT: Staff Update ACTION REQUESTED: None DISCUSSION: • Staff continues work on 2023 audited financial statements. We have received our drafts and edits have been submitted to Abdo. Final reports will be presented at the May commission meeting. • The annual MISO (Midwest Independent System Operator) Attachment O reporting has been completed and approved for 2022. These reports are used to determine the transmission rebates we will receive from being a part owner of the transmission systems. • Annual surveys continue to be completed. • Working on Property & Casualty Insurance renewal application for 2024-2025. • Working on creating new financial statements utilizing the new financial statement reporting tool. Page 1 of 1 •Z