Agenda - Audit Committee

735 Randolph Street

Detroit, Michigan 48226

glwater.legistar.com

Great Lakes Water Authority

Meeting Agenda

Audit Committee

Friday, May 22, 2026

8:00 AM

Zoom Telephonic Meeting

Join Zoom Meeting:

https://glwater.zoom.us/j/85814856752?pwd=9OOuG6C5NOZ8FyXgOw4lGyApbKjuJ3.1

Join by Telephone

US Toll-Free:

877 853 5247; or 888 788 0099

Meeting ID: 858 1485 6752 Passcode: 925166

1. Call To Order

2. Quorum Call

3. Approval of Agenda

4. Approval of Minutes

2026-193

Minutes of April 24, 2026

Sponsors:

Indexes:

Nicolette Bateson

Finance

Attachments:

4A Minutes - April 24, 2026 Audit Committee.pdf

5. Public Comment

6. Old Business

7. New Business

2026-188

Resolution Regarding Approval of Series Ordinance Authorizing Issuance

and Sale of Sewage Disposal System Revenue Bonds in an Aggregate

Amount Not to Exceed $12,963,500 (Ordinance 2026-05) for FY 2026

Clean Water State Revolving Fund Projects

Sponsors:

Indexes:

Nicolette Bateson

Finance

Attachments:

7A1 AC Memo - Approval of Series Ordinance 2026-05 CWSRF DWSD Sewer R

7A3 Series Ordinance 2026-05 CWSRF DWSD Sewer Rehab (SRF 6026-01).pd

7A4 Resolution Approving Series Ordinance 2026-05 CWSRF DWSD Sewer Re

2026-189

Resolution Regarding Approval of Series Ordinance Authorizing Issuance

and Sale of Water Supply System Revenue Bonds in an Aggregate

Amount Not to Exceed $59,294,865 (Ordinance 2026-06) for FY 2026

Drinking Water State Revolving Fund (DWSRF) Projects

Sponsors:

Indexes:

Nicolette Bateson

Finance

Attachments:

7B1 AC Memo - Approval of DWSRF Series Ordinance 2026-06 DWSD Water M

7B2a Attachment 1.pdf

7B2b Attachment 2.pdf

7B3 Series Ordinance 2026-06 DWSRF DWSD 7932-01 &7932-02).pdf

7B4 Resolution Approving DWSRF Series Ordinance 2026-06 DWSD 7932-01 &

2026-187

FY 2026 Fourth Quarter Budget Amendments for May 2026 and Proposed

Budget Amendment Resolution

Sponsors:

Indexes:

Nicolette Bateson

Finance

Attachments:

7C0 FY 2026 4th Quarter Budget Amendment Communication.pdf

7C2 FY 2026 4th Quarter Budget Amendment Report.pdf

7C3 FY 2026 4th Quarter Budget Amendment Resolution.docx

2026-190

Ten Year Financial Projection Annual Post Budget Adoption Update for the

Current Fiscal Year 2026 and the Ten Years FY 2027 Through FY 2036

Sponsors:

Indexes:

Nicolette Bateson

Finance

Attachments:

7D1 Ten Year Financial Projection Update.pdf

7D2 FY 2027 Ten Year Financial Projection - Annual Post Budget Adoption Upd

8. Reports

2026-194

CFO Report

Sponsors:

Indexes:

Nicolette Bateson

Finance

Attachments:

8A1 CFO Report May 2026.pdf

2026-195

Monthly Financial Report for February 2026

Sponsors:

Indexes:

Nicolette Bateson

Finance

Attachments:

8B February 2026 Monthly Financial Report.pdf

2026-196

Grants, Gifts and Other Resources Report Through April 30, 2026

Sponsors:

Indexes:

Nicolette Bateson

Finance

Attachments:

8C1 Grants Gifts and Other Resources Report.pdf

2026-197

Quarterly Investment Report (Unaudited)

Sponsors:

Indexes:

Nicolette Bateson

Finance

Attachments:

8D1 Quarterly Investment Report Cover Memo_March 2026.pdf

8D2 GLWA_Quarterly Investment_Report_March 2026.pdf

2026-198

Water Funding Task Force Update

Sponsors:

Indexes:

Nicolette Bateson

Finance

Attachments:

8E Water Funding Task Force Update.pdf

2026-199

Quarterly Economic Outlook Task Force Update

Sponsors:

Indexes:

Nicolette Bateson

Finance

Attachments:

8F1 EOTF Report Cover Memo.pdf

8F2 EOTF 2026 Q1 Update_5-4-26.pdf

2026-200

FY 2026 Bond Transaction Update

Sponsors:

Indexes:

Nicolette Bateson

Finance

Attachments:

8G One-Pager FY 2026 Bond Transaction.pdf

2026-201

National Grants Management Association - Michigan Chapter

Sponsors:

Indexes:

Nicolette Bateson

Finance

Attachments:

8H NGMA Michigan Chapter.pdf

9. Communications