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Elk River .M <br /> Municipal Utilities UTILITIES COMMISSION MEETING <br /> TO: FROM: <br /> ERMU Commission Theresa Slominski—Finance & Office Manager <br /> MEETING DATE: AGENDA ITEM NUMBER: <br /> March 13, 2018 6.1b <br /> SUBJECT: <br /> Staff Update <br /> ACTION REQUESTED: <br /> None <br /> DISCUSSION: <br /> • Per commission request, an update on Elk River Municipal Utilities' Experience <br /> Modification Rate (EMR) follows. With the Workers' Compensation Insurance Plan <br /> renewal effective 10/01/2017 to 10/01/2018, ERMU's EMR is .75. The 2016/2017 EMR <br /> was .74, 2015/2016 was .69, and 2014/2015 was .76. <br /> • Our auditors, Abdo, Eick, &Meyers, were onsite for fieldwork Thursday and Friday, <br /> March 1st and 2nd. Everything went well and staff was able to answer questions and <br /> provide documentation requested. They still have to complete the proposed entry for the <br /> GASB 68 accrual related to the pension at PERA. The City's onsite fieldwork with their <br /> auditors will be the week of March 12th. We are anticipating presentation of the audit at <br /> the April commission meeting. <br /> • There are several reports due this time of year for the Energy Information Association <br /> (EIA) and MISO (Midwest Independent System Operator). The EIA reports are <br /> informational and relate to our engines at the plant and the landfill, our system <br /> infrastructure and performance, sales results, and some energy conservation information <br /> for the prior 2017 year. The MISO reports are based on 2016 information for <br /> determining our transmission rebates we will receive as being a part owner of the <br /> transmission systems with Midwest Municipal Transmission Group (MMTG). <br /> Page 1 of 1 <br /> 222 <br />