Laserfiche WebLink
��i <br />Elk River , <br />Municipal Utilities <br />UTILITIES COMMISSION MEETING <br />TO: <br />FROM: <br />ERMU Commission <br />Melissa Karpinski — Finance Manager <br />MEETING DATE: <br />AGENDA ITEM NUMBER: <br />August 13, 2024 <br />5.4 <br />SUBJECT: <br />2025 Annual Business Plan: Travel & Training Budget; Dues & Subscriptions, and Fees Budget <br />ACTION REQUESTED: <br />No action is required. <br />DISCUSSION: <br />The 2025 budgeting process has begun. Per the 2024 Governance Agenda the budgeting <br />process schedule is as follows: <br />August Meeting: Travel & Training <br />Dues & Subscriptions - Fees <br />September Meeting: <br />20 Year Capital Projections <br />Capital Projections <br />Conservation Improvement Program <br />October Meeting: <br />Projected Purchased Power Costs <br />Projected Sales Revenues <br />Projected Expenses <br />November Meeting: <br />Completed Budget with Rate Analysis <br />December Meeting: <br />Adopt Budget with Rate changes (if any) <br />FINANCIAL IMPACT: <br />The Travel & Training budget has a 0% increase over the prior year. Proposed additions for 2025 <br />are as follows: <br />• Additional APPA training. <br />• Additional staff attending Xylem Reach Conference (Advanced Metering Infrastructure <br />conference that will likely be attended for the next 4 to 5 years). <br />The Dues & Subscriptions - Fees budget has a 4% increase over the prior year. The largest <br />increase is due to Adobe Sign, which allows online signatures for customer agreements. All <br />other increases are immaterial in nature. <br />ATTACHMENTS: <br />• Proposed 2025 Travel & Training Budget <br />• Proposed 2025 Dues & Subscriptions - Fees Budget <br />Page 1 of 1 <br />