735 Randolph Street  
Detroit, Michigan 48226  
glwater.legistar.com  
Great Lakes Water Authority  
Meeting Minutes - Final  
Audit Committee  
Monday, June 26, 2023  
8:00 AM  
Zoom Telephonic Meeting  
1. Call To Order  
Chairperson Baker called the meeting to order at 8:01 a.m.  
2. Quorum Call  
3 - Chairperson Brian Baker, Director Gary Brown, and Director Jaye Quadrozzi  
Present:  
3. Approval of Agenda  
Nicolette Bateson, Chief Financial Officer/Treasurer, requested to move item 8.I.  
(Update: Economic Outlook Task Force) to item 7.A.  
Chairperson Baker requested a Motion to Approve the Agenda as Amended.  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Approved as Amended  
The motion carried by a unanimous vote.  
4. Approval of Minutes  
2023-231  
A.  
Minutes of May 26, 2023  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 4A May 26, 2023 Audit Committee Meeting Minutes  
Chairperson Baker requested a Motion to Approve the Minutes of the May 26,  
2023 Audit Committee Meeting.  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Approved  
The motion carried by a unanimous vote.  
5. Public Comment  
6. Old Business  
There were no public comments.  
None  
7. New Business  
2023-249  
A. (8.I.)  
Update: Economic Outlook Task Force  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments:  
8I1 Audit Committee Memo - Economic Outlook Task Force  
3.24.2023  
8I2 EOTF Quarterly Update_Audit Committee_6.23.23  
Motion By: Gary Brown  
Support By: Jaye Quadrozzi  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2023-232  
B.  
Resolution to Approve the FY 2023 Fourth Quarter Budget  
Amendments  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
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  
Motion By: Gary Brown  
Support By: Jaye Quadrozzi  
Action: Recommended for Approval to the Board of Directors  
Agenda of June 28, 2023  
The motion carried by a unanimous vote.  
2023-233  
C.  
Proposed GLWA Procurement Policy Amendment  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 7B1 AC Memo - Proposed Procurement Policy Amendment  
7B3 GLWA Procurement Policy WORKING Draft 6.23.23  
8C Business Inclusion and Diversity Program Update  
Motion By: Gary Brown  
Support By: Jaye Quadrozzi  
Action: Recommended for Approval to the Board of Directors  
Agenda of June 28, 2023  
The motion carried by a unanimous vote.  
2023-234  
D.  
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  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments:  
7C1 AC Memo Highland Park Bad Debt Expense Recovery  
Methodology  
7C3 2023-234 Resolution.Legistar-Highland Park Bad Debt Expense  
Recovery Credits  
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  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Recommended for Approval to the Board of Directors  
Agenda of June 28, 2023  
The motion carried by a unanimous vote.  
8. Reports  
A. CFO Report - Verbal  
Nicolette Bateson, Chief Financial Officer/Treasurer, stated that the Financial  
Services Area is working to keep things balanced, as reported in today's  
meeting.  
CFO Bateson gave a brief report on an opportunity she had to speak at the  
American Water Works Association's Annual Conference, which was attended  
by 10,000 people from all over the world, and the focus was discussion of  
climate risks, disclosures, and official statements/financial statements.  
CFO Bateson also provided an update on Workday implementation.  
2023-243  
B.  
Monthly Financial Report for March 2023  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8B March 2023 Financial Report  
Motion By: Gary Brown  
Support By: Jaye Quadrozzi  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2023-244  
C.  
D.  
E.  
Business Inclusion and Diversity Program Update  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8C Business Inclusion and Diversity Program Update  
Motion By: Gary Brown  
Support By: Jaye Quadrozzi  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2023-245  
Charges Outreach & Modeling Update  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8D Charges Outreach and Modeling Update - 06.23.23  
Motion By: Jaye Quadrozzi  
Support By: Gary Brown  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2023-242  
Affordability & Assistance Update  
Nicolette Bateson  
Sponsors:  
Indexes:  
Finance  
Attachments: 8E1 Affordability and Assistance Update  
8E2 WRAP Quarterly Report FY23 Q3  
Motion By: Gary Brown  
Support By: Jaye Quadrozzi  
Action: Received and Filed  
The motion carried by a unanimous vote.  
Note: Chairperson Quadrozzi was excused from the remainder of the  
meeting at 9:45 a.m.  
2023-246  
F.  
Quarterly Construction Work in Progress Report through March 31,  
2023  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8F Quarterly CWIP Report FY 2023 Q3  
Motion By: Brian Baker  
Support By: Gary Brown  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2023-247  
G.  
Semi-Annual Debt Report through March 31, 2023  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8G Semiannual Debt Report as of 3.31.2023  
Motion By: Gary Brown  
Support By: Brian Baker  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2023-248  
H.  
Annual Pension Report  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
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  
Motion By: Gary Brown  
Support By: Brian Baker  
Action: Received and Filed  
The motion carried by a unanimous vote.  
9. Communications  
2023-250  
A.  
The Procurement Pipeline for June 2023  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 9A The Procurement Pipeline for June 2023  
No Action Taken  
10. Look Ahead  
The next Audit Committee Meeting is scheduled for Friday, July 28, 2023 at 8:00 a.m.  
11. Other Matters  
There were no other matters.  
12. Adjournment  
Chairperson Baker requested a Motion to Adjourn.  
Motion By: Gary Brown  
Support By: Brian Baker  
Action: Approved  
The motion carried by a unanimous vote.  
There being no further business, the meeting was adjourned at 9:57 a.m.