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Elk River <br /> Municipal Utilities UTILITIES COMMISSION MEETING <br /> TO: FROM: <br /> ERMU Commission Michelle Canterbury—Executive Administrative Manager <br /> MEETING DATE: AGENDA ITEM NUMBER: <br /> March 12, 2019 5.3 <br /> SUBJECT: <br /> 2018 Annual Report <br /> ACTION REQUESTED: <br /> Receive the 2018 Annual Report <br /> BACKGROUND: <br /> In 2018 the annual report was evaluated for its value,the process in which it was produced and <br /> distributed, and the timing and relevance of the information. At that time,staff determined that a <br /> smaller more concise report would lower printing and distribution costs making it economically <br /> feasible to distribute the report to all of our customers;this process was implemented in 2018.At <br /> that time it was also determined that it was possible to produce the annual report earlier in the <br /> year so the information would be more relevant from a timing perspective; with this process to <br /> begin in 2019. <br /> DISCUSSION: <br /> Staff is pleased to present the 2018 Annual Report which features our transition to Minnesota <br /> Municipal Power Agency(MMPA) and their diverse energy portfolio. Equally important is our story <br /> of what brought about this change, and how this change has offered opportunity. <br /> The 2018 annual report will be printed and included for distribution to all ERMU customers with <br /> their March billing statement.The report will also be available digitally on ERMU's website and <br /> social media sites. <br /> ATTACHMENTS: <br /> • 2018 Elk River Municipal Utilities Annual Report <br /> Page 1 of 1 <br /> 73 <br />