6.1. ERMUSR 07-15-2014 - Laserfiche WebLink

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Elk River Municipal Utilities UTILITIES COMMISSION MEETING TO: FROM: Elk River Municipal Utilities Commission Theresa Slominski—Finance and Office Manager John Dietz—Chair Al Nadeau—Vice Chair Daryl Thompson—Trustee MEETING DATE: AGENDA ITEM NUMBER: July 15, 2014 6.1b SUBJECT: Staff Update DISCUSSION: We had 2,587 credit card payment transactions in June, compared to 2,484 in May. The fee for June should be $5,820.75. An update on the software conversion: • NISC was here for administrative training on the accounting piece of the software July 7th through the 10th • We had our kick-off phone call for the Customer Care and Billing conversion (going live in February of 2015.)We will have an on-site visit from this team for the analysis work August 6th through the 8th • I have received acknowledgement of our notice to our current credit card provider for the termination of our association with them, effective April 26th 2016. I still need to discuss the possibility of ending our association sooner, as this will be later than our February 2015 implementation date. To update on the PCAs, we have received high PCAs every month through May in 2014. The June bill is an additional $22,662 for an accumulated total of$802,307. We charged 6 mils in May collecting$130,131, and 6 mils in June collecting$131,188. This leaves us the uncollected balance at$540,988. We should find out in the next week what the July PCA is expected to be for determining how much of a PCA to bill our customers in July. If we receive no other PCAs, we only have 2 mils to collect to bring us to the $500,000 we established as the amount we were willing to absorb. We will continue to monitor this and provide the updated balances. POWEDED D1 Page 1 of 1 NATURE Reliable Public Power Provider P O W E R E D T o S E R V E 86