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File #: 2018-538    Version: 1 Name:
Type: Resolution Status: Passed
File created: 1/8/2018 In control: Board of Directors
On agenda: 1/24/2018 Final action: 1/24/2018
Title: PUBLIC HEARINGS ON PROPOSED FY 2019 SCHEDULE OF REVENUES AND CHARGES AND FY 2019 AND FY 2020 BIENNIAL BUDGET REQUEST
Sponsors: Nicolette Bateson
Indexes: Finance
Attachments: 1. Notice of Public Hearing for GLWA FY 2019 Charges on 2.28.2018, 2. Notice of Public Hearing for GLWA FY 2019 and FY 2020 Biennial Budget 2.28.2018
TITLE
PUBLIC HEARINGS ON PROPOSED FY 2019 SCHEDULE OF REVENUES AND CHARGES AND FY 2019 AND FY 2020 BIENNIAL BUDGET REQUEST

BODY
Agenda of: January 24, 2018
Item No.: 2018-538
Amount: N/A


TO: The Honorable
Board of Directors
Great Lakes Water Authority

FROM: Sue F. McCormick
Chief Executive Officer
Great Lakes Water Authority

DATE: January 24, 2018

RE: Public Hearings on Proposed FY 2019 Schedule of Revenues and Charges and FY 2019 & FY 2020 Biennial Budget Request


MOTION

Upon recommendation of Nicolette N. Bateson, Chief Financial Officer/Treasurer, the Board of Directors (Board) of the Great Lakes Water Authority (GLWA), schedules a Public Hearing on Proposed FY 2019 Schedule of Revenues and Charges and a Public Hearing on the FY 2019 & FY 2020 Biennial Budget Request to be held at a Meeting of the Great Lakes Water Authority Board on February 28, 2018, at 2 pm, in the Board Room, 735 Randolph, 5th Floor, Detroit, Michigan 48226, directs that notice of these Public Hearings be published in a daily newspaper of general circulation, and directs that notice of these Public Hearings be mailed to GLWA customer communities on or before February 1, 2018; authorizes the Chief Executive Officer to take such other action as may be necessary to accomplish the intent of this vote.
BACKGROUND
Both Michigan Law, MCL 141.434 and Section 7.02 of the GLWA Model Water Contract require a Public Hearing prior to adoption of the FY 2019 & FY 2020 Biennial Budget. Section 7.02 provides:
"Notification of Rates. As soon as possible in the ratemaking process, the Board shall provide information on proposed rates and the draft data and information used in the calculation of proposed rates in a format that will enable Customer to assist in the ratemaking process. Not less than thirty calendar days prior to the hearing required by Act 279, the Board shall provide Customer with written notice of a proposed rate and the underlying data...

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