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6.1B. ERMUSR 10-13-15
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6.1B. ERMUSR 10-13-15
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4'4- - <br /> Elk River <br /> Municipal Utilities UTILITIES COMMISSION MEETING <br /> TO: FROM: <br /> Elk River Municipal Utilities Commission Theresa Slominski—Finance and Office Manager <br /> John Dietz—Chair <br /> Al Nadeau—Vice Chair <br /> Daryl Thompson—Trustee <br /> MEETING DATE: AGENDA ITEM NUMBER: <br /> October 13, 2015 6.1b <br /> SUBJECT: <br /> Staff Update <br /> DISCUSSION: <br /> In the past,we have presented quarter write-offs in the month immediately following the <br /> calendar quarter, so third quarter write-offs for July through September were presented in <br /> October. With our new software,the process is different and the complete information is not <br /> available in such a short turn-around. The process looks back a full month, and is run at the end <br /> of a month. So July-Sept data is processed at the end of October, and would then be available to <br /> present in November. Moving forward, we will be adjusting our reporting timeline by one <br /> month. The new schedule will be as follows: third quarter presented in November, fourth <br /> quarter presented in February, first quarter presented in May, and second quarter presented in <br /> August. <br /> We had four staff members attend the NISC software Member Information Conference(MIC) in <br /> St. Louis,MO September 28th—30th. Those attending were Jennie Nelson, Customer Service <br /> Manager; Christy Schallock, Customer Service Representative; Jenny Biorn, Staff Accountant; <br /> and Geri Fournier, Purchasing Specialist. They were able to participate in individual classes to <br /> learn more about the software as they use it, ask questions of the experts, and network with other <br /> users. All found it very valuable, and so thanks for allowing them the opportunity to attend. <br /> Their education reports are attached. <br /> I received communication from Assurant that they will be merging with another company, <br /> SunLife Financial,by the end of the first quarter 2016, subject to regulatory approvals. Assurant <br /> will still operate business as usual with employee contracts and we should have no change in our <br /> benefits with them. Per an email from Assurant"This may have come to your attention so I just wanted <br /> to pass along some facts about the acquisition announcement last evening. in short, nothing will change with our <br /> work on ERMU, not the offer, service, value adds, etc... All proposals will be issued under Assurant and honored <br /> as this merger will not be official for months. Sun has acquired all of our leases too so we'll still be neighbors <br /> with the same personnel." I have attached a letter from the company as well. <br /> !POWERED BY <br /> Page 1 of 2 NATURE <br /> Reliable Public <br /> Power Provider P O W E R E D T o S R E <br /> 82 <br />
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