735 Randolph Street  
Detroit, Michigan 48226  
glwater.legistar.com  
Great Lakes Water Authority  
Meeting Agenda  
Audit Committee  
Friday, October 24, 2025  
8:00 AM  
Zoom Telephonic Meeting  
Join Zoom Meeting:  
https://glwater.zoom.us/j/86412185875?pwd=LPLzrrazHk0RWixCFo8F7YMU79eGzn.1  
Join by Telephone  
US Toll-Free:  
888 788 0099; or 877 853 5247  
Meeting ID: 864 1218 5875 Passcode: 797453  
1. Call To Order  
2. Quorum Call  
3. Approval of Agenda  
4. Approval of Minutes  
A.  
2025-326  
Minutes of October 24, 2025  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
4A Minutes - September 26, 2025 Audit Committee Meeting.pdf  
5. Public Comment  
6. Old Business  
A.  
2025-342  
Annual Financial Audit Update  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
6A1 FY 2025 Annual Financial Audit Update.pdf  
6A2 FY 2025 Annual Financial Audit BT Timeline.pdf  
B.  
2025-343  
Arbitrage Rebate Liability for the Regional System  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
6B1 AC Memo - Arbitrage Liability Update.pdf  
7. New Business  
A.  
2025-338  
Resolution for Approval of Series Ordinance Authorizing Issuance  
and Sale of Sewage Disposal System Revenue Bonds in an  
Aggregate Amount Not to Exceed $115,427,477 (Ordinance 2025-05)  
for FY 2026 Clean Water State Revolving Fund Project  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
7A1 AC Memo - Approval of Series Ordinance 2026-SRF-1 GLWA SFE Pump S  
7A2a Attachment 1 - Table 1.pdf  
7A2b Attachment 2 - Table 1.pdf  
7A3 Series Ordinance 2026-SRF-1 GLWA SFE Pump Station (CIP 216008 SRF  
7A4 Resolution Approving 2026-SRF-1 GLWA SFE Pump Station (CIP 216008 S  
B.  
C.  
2025-344  
Government Finance Officers Association (GFOA) Distinguished Budget  
Presentation Award  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
7B Memo GFOA Distinguished Budget Presentation Award.pdf  
2025-345  
Proposed Calendar Year 2026 Audit Committee Meeting Dates  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
7C1 2026 Audit Committee Meeting Calendar.pdf  
8. Reports  
A.  
2025-346  
CFO Report  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8A1 CFO Report October 2025.pdf  
B.  
2025-354  
FY 2025 Preliminary Financial Report (Unaudited)  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8B1 FY 2025 Preliminary Financial Report (Unaudited) 10.24.2025.pdf  
C.  
D.  
2025-347  
Gifts, Grants & Other Resources Report through September 30, 2025  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8C1 Grants Gifts and Other Resources Report.pdf  
2025-348  
Affordability & Assistance Update  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8D1 WRAP Program Review-Affordability & Assistance Update.pdf  
8D2 WRAP Program Review.pdf  
8D3 WRAP Program Review - UWSEM OpEd - The Detroit News.pdf  
E.  
F.  
2025-349  
Semiannual Debt Report as of September 30, 2025  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8E Semiannual Debt Report - Cover Memo.pdf  
8E1 Semiannual Debt Report as of 9.30.2025.pdf  
2025-350  
FY 2025 Quarterly Construction Work in Progress Report through June 30,  
2025  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8F1 Quarterly CWIP Report FY 2025 Q4 - Cover Memo.pdf  
8F2 Quarterly CWIP Report FY 2025 Q4.pdf  
G.  
H.  
2025-351  
Charges Outreach & Modeling Update  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8G1 Charges Outreach and Modeling Update - 10-24-2025.pdf  
2025-352  
Annual Conflict of Interest  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8H Annual Conflict of Interest.pdf  
9. Communications  
A.  
2025-353  
The Procurement Pipeline for October 2025  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
9A October 2025 Procurement Pipeline.pdf  
10. Look Ahead  
A. Next Audit Committee Meeting: November 21, 2025, at 8:00 a.m.  
11. Other Matters  
12. Adjournment