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6.1c ERMUSR 02-14-2023
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6.1c ERMUSR 02-14-2023
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10/6/2023 4:32:52 PM
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2/13/2023 4:12:28 PM
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City Government
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ERMUSR
date
2/14/2023
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��i <br />Elk River <br />Municipal Utilities UTILITIES COMMISSION MEETING <br />TO: <br />FROM: <br />ERMU Commission <br />Melissa Karpinski — Finance Manager <br />MEETING DATE: <br />AGENDA ITEM NUMBER: <br />February 14, 2023 <br />6.1c <br />SUBJECT: <br />Staff Update <br />ACTION REQUESTED: <br />None <br />DISCUSSION: <br />• The transition from Employee Self Serve to iVUE Connect HR Financials is complete and <br />went very smoothly. <br />• Bond payments due February 1 totaling $948,478.13 have been paid. They include: the <br />bonds from 2016 and 2018 for our Minnesota Municipal Power Agency (MMPA) buy -in, <br />maturing in 2036 and 2048, respectively; the 2021 electric bond and 2021 water bond <br />for the new field services building maturing in 2051 and 2041, respectively. <br />• The accounting department has been busy preparing for the 2022 annual audit. Our <br />auditors from Abdo will be completing the audit field work February 23-24. <br />• We have received a lot of our annual surveys that will be completed in the upcoming <br />months. <br />Page 1 of 1 <br />101 <br />
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