4.2. ERMUSR 07/09/2019 - Laserfiche WebLink

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working with city staff, Great River Energy, and Minnesota Municipal Power Association to locate a new substation in the southeast area of Elk River. In the short term this substation would provide additional electric system resiliency while 169 Redefine is under construction. In the long term this substation would provide strategically located capacity to serve growth in this area of Elk River. • Otsego & Elk River Main Street Lights—New decorative street lighting is scheduled to be installed in Elk River in 2019. Staff is currently working with Otsego on schedule and scope of street light replacement. Theme 6: Process, Measurement, and Financial Health —Improve processes and measurement to better determine and report efficiency and effectiveness of organization and to ensure financial and organizational health. • City of Elk River Local Option Sales Tax (LOST)—The successful referendum to create a LOST has an operational and financial impact on ERMU because of our billing system. The LOST will apply to some, but not all sales through ERMU. To implement this, ERMU is currently working with our billing system provider to create custom software updates. Staff has added this as a high priority 2019 initiative. • American Public Power Association (APPA) Reliable Public Power Provider(RP3) application—Staff is working on documentation required for the application to renew ERMU's RP3 designation. The designation is valid for three years. • Organizational Effectiveness Survey—In 1Q2019 a consultant was used to conduct an organization effectiveness survey. The survey results identified themes and opportunities for improvements. The leadership team has established 2019 action items based on the survey results. Summary Staff is looking for commission discussion on the strategic plan and direction. In February when the commission reviewed the results of the 2018 annual business plan and the strategic plan, the commission provided the following comments: • Change comprehensive capital improvement plans from 10-year to 20-year. • Create a results policy regarding budgeting, rate design, and margins. • Establish goal of long term planning to produce stability in rates. • Adopt uniform presentation of annual business plan/ budget components. • Adopt final presentation of budget in format similar to monthly income statements. Are there other changes in strategy or direction that should be discussed? ATTACHMENTS: • ERMU Mission/Vision/Fundamentals/Values/Themes Page 6 of 6 68