735 Randolph Street  
Detroit, Michigan 48226  
glwater.legistar.com  
Great Lakes Water Authority  
Meeting Agenda  
Audit Committee  
Monday, June 26, 2023  
8:00 AM  
Zoom Telephonic Meeting  
Zoom Telephonic Special Meeting  
Join Zoom Meeting:  
https://glwater.zoom.us/j/84077312854?pwd=cjJZUFJ6YnZ0VW9iaCtiS2tCeFVJQT09  
Join By Telephone  
US Toll-Free:  
877 853 5247; or 888 788 0099  
Meeting ID: 840 7731 2854  
Passcode: 953576  
1. Call To Order  
2. Quorum Call  
3. Approval of Agenda  
4. Approval of Minutes  
2023-231  
Minutes of May 26, 2023  
A.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
4A May 26, 2023 Audit Committee Meeting Minutes  
5. Public Comment  
6. Old Business  
7. New Business  
2023-232  
Resolution to Approve the FY 2023 Fourth Quarter Budget Amendments  
A.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
7A0 FY 2023 4th Quarter Budget Amendment Report  
7A2 FY 2023 Fourth Quarter Budget Amendment Report  
7A3 Addendum 1 FY 2023 Fourth Quarter Budget Amendment Report cover  
7A4 Addendum 1 FY 2023 Fourth Quarter Budget Amendment Report  
7A5 Addendum 2 FY 2023 Fourth Quarter Budget Amendment Report cover  
7A6 Addendum 2 FY 2023 Fourth Quarter Budget Amendment Report  
7A7 FY 2023 Fourth Quarter Budget Amendment Resolution  
2023-233  
Proposed GLWA Procurement Policy Amendment  
B.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
7B1 AC Memo - Proposed Procurement Policy Amendment  
7B3 GLWA Procurement Policy WORKING Draft 6.23.23  
8C Business Inclusion and Diversity Program Update  
2023-234  
C.  
Resolution Regarding Approval of the Highland Park Bad Debt Recovery  
Credits Methodology and Approval of Schedule of Member Partner Bad  
Debt Recovery Credits #2023-1 Totaling $1,000,000  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
7C1 AC Memo Highland Park Bad Debt Expense Recovery Methodology  
7C3 2023-234 Resolution.Legistar-Highland Park Bad Debt Expense Recovery C  
7C3.1 Sewer Shares of Bad Debt Recovery  
7C3.2 Water Shares of Bad Debt Recovery  
7C4 TFG Memo Highland Park Recovery Credit 062023 FINAL  
7C51 Bad Debt Recovery Credits #2023-1 by Member Partner  
7C52 Sewer Bad Debt Recovery Credits by Member Partner 2023-1  
7C53 Water Bad Debt Recovery Credits by Member Partner 2023-1  
8. Reports  
A. CFO Report - Verbal  
2023-243  
Monthly Financial Report for March 2023  
B.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8B March 2023 Financial Report  
2023-244  
Business Inclusion and Diversity Program Update  
C.  
D.  
E.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8C Business Inclusion and Diversity Program Update  
2023-245  
Charges Outreach & Modeling Update  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8D Charges Outreach and Modeling Update - 06.23.23  
2023-242  
Affordability & Assistance Update  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8E1 Affordability and Assistance Update  
8E2 WRAP Quarterly Report FY23 Q3  
2023-246  
F.  
Quarterly Construction Work in Progress Report through March 31,  
2023  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8F Quarterly CWIP Report FY 2023 Q3  
2023-247  
Semi-Annual Debt Report through March 31, 2023  
G.  
H.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8G Semiannual Debt Report as of 3.31.2023  
2023-248  
Annual Pension Report  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8H0 GRS Component II Annual Pension Report  
8H1 GRS Audit Communication Letter  
8H2 GRS Audited Financial Report  
8H3 GRS GASB 67-68 Report  
8H4 DRAFT GRS Actuarial Valuation Report  
2023-249  
Update: Economic Outlook Task Force  
I.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8I1 Audit Committee Memo - Economic Outlook Task Force 3.24.2023  
8I2 EOTF Quarterly Update_Audit Committee_6.23.23  
9. Communications  
2023-250  
The Procurement Pipeline for June 2023  
A.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
9A The Procurement Pipeline for June 2023  
10. Look Ahead  
A. Next Audit Committee Meeting:  
July 28, 2023, at 8:00 a.m.  
11. Adjournment