ERMUSR Misc Issues 07-12-2005 - Laserfiche WebLink

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Elk River Municipal 13069 Orono Parkway Elk River, MN 55330 July 5, 2005 To: Elk River Municipal Utilities Commission Jerry Takle Jim Tralle John Dietz From: Bryan Adams Subject: Miscellaneous Issues phone; 763.441,2020 Fax: 763.441.8099 Enclosed is the packet for Tuesday July 12, 2005 commission meeting at 4:00 p.m. This has been a very busy month for your entire staff. There have been many small projects to deal with, but no major issues. With the hot and stormy weather, our electric and water systems held up well with very minimal outages. The electric system established a new peak of 43.5 M.W. Without our load management efforts of dispersed generation customers, controlling air conditioners and controlling our water well pumpage, our peak would have been in the 46 M.W. range. Although we pumped a lot of water in June, our peak day was one half of what it was last year. Joan Carlson of Abdo, Eick & Meyers, started the IRS audit on June 21, 2005. She has called the IRS with some questions and documentation requests but we are still awaiting a response. We did receive over $22,000 rebates from the IRS. Theresa will update you further at our meeting. You, as well as most of our customers, received two credits on your June utility bill. One is the fuel cost adjustment. The other credit is a refund for your May bill for Aprils consumption. Due to a computer error, the summer rates went into effect a month to soon. The refund reflects the correction between summer and winter rates for the April consumption. We have since changed some office procedures to verify bills before they are calculated, printed and mailed. ties Company pension plans are starting to be of concern, for many are not fully funded. Attached is an interesting article in The Kiplinger Letter titled, "Pensions" for your review.