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6.01c EMRUSR 11-12-2024��i Elk River Municipal Utilities UTILITIES COMMISSION MEETING TO: FROM: ERMU Commission Melissa Karpinski — Finance Manager MEETING DATE: AGENDA ITEM NUMBER: November 12, 2024 6.01c SUBJECT: Staff Update ACTION REQUESTED: None DISCUSSION: • Staff continues efforts compiling 2025 budget information. • Workers' compensation policy audit is scheduled for November 6. • The Financial Reserves & Investment Committee is having its annual meeting before the November commission meeting. • The auditors from Abdo will be performing preliminary audit work on December 5. Typically, preliminary audit work involves Inventory observations, accounts payable testing, and review of the year's meeting minutes. The 2024 audit field work is scheduled for February 20-21. The audit will be completed utilizing either a hybrid method or a fully remote method. Page 1 of 1 152