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File #: 2021-041    Version: 1 Name:
Type: Resolution Status: Filed
File created: 1/25/2021 In control: Board of Directors
On agenda: 1/27/2021 Final action: 1/27/2021
Title: PROPOSED FY 2022 AND FY 2023 BIENNIAL BUDGET REQUEST
Sponsors: Nicolette Bateson
Indexes: Finance
Attachments: 1. 1.1 Board Presentation Executive Summary 022721, 2. 1.2 Budget One pager 1.15.2021, 3. 1.3 Charges One Pager 1.15.2021
Title
PROPOSED FY 2022 AND FY 2023 BIENNIAL BUDGET REQUEST
Body

Agenda of: January 27, 2021
Item No.: 2021-041
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 27, 2021


RE: PROPOSED FY 2022 AND FY 2023 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), receives, files, and refers the proposed FY 2022 and FY 2023 biennial budget and related five-year financial plan to the Audit Committee; and authorizes the CEO to take such other action as may be necessary to accomplish the intent of this vote.

BACKGROUND
The annual financial planning cycle is underway to establish a Proposed FY 2022 and FY 2023 biennial budget and FY 2022 schedule of Charges which are the subject of a public hearing on February 24, 2021. The annual cycle includes member partner engagement as well as detailed review by the Audit Committee. Key activities to date include the following.
Member Partner Charges Rollout Meetings
November 10, 2020 - Capital Improvement Programs (Rollout #1)?
November 19, 2020 - Preliminary Units of Service (Rollout #2)?
January 7, 2021 - Review of Proposed Charges and Overview of Proposed FY 2022 Budget and Financial Plan and (Rollout #3)?
January 21, 2021 - Review of Proposed FY 2022 & FY 2023 Biennial Budget and Financial Plan and Follow Up Charges Question and Answer (Rollout #4)?

Note: New this year, to support further member partner engagement, appointments were scheduled for interested individual member partners to review their proposed charges worksheet between rollout meetings #3 and #4 with GLWA staff and consultant.

Audit Committee Meetings
December 18, 2020 - Receive and file Discussion Draft of Proposed FY 2022 & FY 2023 Biennial Budget and Five Year Financ...

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