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��i <br />Elk River � <br />Municipal Utilities UTILITIES COMMISSION MEETING <br />TO: FROM: <br />ERMU Commission Theresa Slominski — General Manager <br />MEETING DATE: AGENDA ITEM NUMBER: <br />July 12, 2022 4.2 <br />SUBJECT: <br />Annual Strategic Plan Review <br />ACTION REQUESTED: <br />Consensus on high level strategic themes and annual business plan budgeting/rates direction. <br />BACKGROUND <br />In August 2017, the Commission adopted a comprehensive manual of governance policies <br />based on the Carver Model of governance. Included in those governance policies is Governance <br />Policy G.2c Agenda Planning. This policy notes that in the first quarter "The Commission and <br />Management will review ERMU's current Strategic Plan along with the results of the Annual <br />Business Plan for the preceding fiscal year." This annual review was confirmed and scheduled <br />through the Commission's adoption of the 2022 Governance Agenda, which is included in the <br />monthly commission meeting materials, and is available to the public. This annual review was <br />conducted during the February commission meeting. Feedback from the Commission was <br />noted by staff. <br />Per the Governance Policy G4.c Strategic and Business Planning and consistent with Policy G.2c <br />Agenda Planning, and with the 2022 Governance Agenda adopted by the Commission in <br />December 2021, the Commission and management begin their annual update of the strategic <br />plan and financial plan for the succeeding five-year period during the July regular commission <br />meeting. <br />Per the policy, the strategic plan shall provide "strategic direction for a period of not less than <br />five (5) future fiscal years in terms of high-level elements such as vision, core purpose, core <br />values, mission, key result areas and broadly stated strategic objectives that are intended to <br />achieve the organizational outcomes contained in the Commission's Authority and Purpose <br />Policies." Included in the Commission's Authority and Purpose Policies are the bylaws, <br />organizational core purpose, mission, vision, values, fundamentals, and planning themes. These <br />policies are summarized on the attached mission, vision, fundamentals, values, and planning <br />themes document. <br />DISCUSSION: <br />The purpose for the Strategic Plan is to establish long term direction and goals for the <br />organization and develop the plan to get there. A good strategic planning process incorporates <br />Page 1 of 4 <br />57 <br />