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5.1 Financial Report — February 2023 <br />Ms. Karpinski presented the Financial Report for February 2023. Usage YTD is up for both <br />electric and water. Overall YTD both are performing favorable to budget. <br />Chair Dietz asked Mr. Ninow if connection fees in 2023 would be on the same level as in <br />2022. Mr. Ninow stated his doubt that they would. <br />Ms. Karpinski explained that staff would be continuing its initiative to provide <br />commissioners necessary background information to understand complex utilities <br />operations by presenting an explanation of selected General Ledger (GL) expense <br />accounts. <br />Mr. Sumstad explained Plant Supplies & Other Expenses consist of supplies directly used <br />for the field services building such as general shop supplies, plywood for shelves, <br />inventory pallet racks, janitorial products, cleaning supplies, napkins, paper towels, <br />utensils, and monthly cleaning expenses. There was discussion. <br />Chair Dietz asked for clarification on who determines which budget code to use for these <br />items. Mr. Sumstad explained that Mr. Plude, ERMU's inventory & procurement <br />foreperson, will code the invoices prior to authorization and they are reviewed for <br />consistency prior to approval. <br />Chair Dietz asked how these costs were split between the electric and water departments. <br />Ms. Karpinski stated costs are shared between electric and water in an 87.5% / 12.5% split <br />at the field services building. The split in the administrative offices is an 80% / 20% split. <br />Mr. Ninow explained that the Sampling GL account includes all labor, supplies, and <br />shipping fees related to water quality testing. <br />Chair Dietz asked if there was a separate account for per- and polyfluoroalkyl substances <br />(PFAS) testing. Mr. Ninow replied that although ERMU took part in voluntary testing for <br />PFAS it did not have a separate budget code for this item alone. <br />Ms. Karpinski presented a visual budget analysis of both the electric and water <br />departments which illustrated both departments are doing well YTD. The commission <br />expressed their appreciation for the additional budget graphs. These graphs were added <br />to the public commission packet after the meeting. <br />Moved by Commissioner Zerwas and seconded by Commissioner Stewart to receive the <br />February 2023 Financial Report. Motion carried 5-0. <br />Elk River Municipal Utilities Commission Meeting Minutes <br />April 11, 2023 <br />Page 6 <br />45 <br />