5.4 EMRUSR 08-13-2024��i
Elk River ,
Municipal Utilities
UTILITIES COMMISSION MEETING
TO:
FROM:
ERMU Commission
Melissa Karpinski — Finance Manager
MEETING DATE:
AGENDA ITEM NUMBER:
August 13, 2024
5.4
SUBJECT:
2025 Annual Business Plan: Travel & Training Budget; Dues & Subscriptions, and Fees Budget
ACTION REQUESTED:
No action is required.
DISCUSSION:
The 2025 budgeting process has begun. Per the 2024 Governance Agenda the budgeting
process schedule is as follows:
August Meeting: Travel & Training
Dues & Subscriptions - Fees
September Meeting:
20 Year Capital Projections
Capital Projections
Conservation Improvement Program
October Meeting:
Projected Purchased Power Costs
Projected Sales Revenues
Projected Expenses
November Meeting:
Completed Budget with Rate Analysis
December Meeting:
Adopt Budget with Rate changes (if any)
FINANCIAL IMPACT:
The Travel & Training budget has a 0% increase over the prior year. Proposed additions for 2025
are as follows:
• Additional APPA training.
• Additional staff attending Xylem Reach Conference (Advanced Metering Infrastructure
conference that will likely be attended for the next 4 to 5 years).
The Dues & Subscriptions - Fees budget has a 4% increase over the prior year. The largest
increase is due to Adobe Sign, which allows online signatures for customer agreements. All
other increases are immaterial in nature.
ATTACHMENTS:
• Proposed 2025 Travel & Training Budget
• Proposed 2025 Dues & Subscriptions - Fees Budget
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