735 Randolph Street  
Detroit, Michigan 48226  
glwater.legistar.com  
Great Lakes Water Authority  
Meeting Agenda  
Audit Committee  
Friday, November 17, 2023  
8:00 AM  
Zoom Telephonic Meeting  
Zoom Telephonic Meeting  
Join Zoom Meeting:  
https://glwater.zoom.us/j/81102411262?pwd=TUc2NHcyak5ySGlyTHVwZldxUEdvQT09  
Join By Telephone  
US-Toll Free:  
8777 853 5247; or 888 788 0099  
Meeting ID: 811 0241 1262  
Passcode: 156443  
1. Call To Order  
2. Quorum Call  
3. Approval of Agenda  
4. Approval of Minutes  
2023-440  
Approval of minutes from November 9, 2023  
A.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
4A Minutes - November 9, 2023 Audit Committee Meeting  
5. Public Comment  
6. Old Business  
2023-441  
Annual Financial Audit Update  
A.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
6A1 FY 2023 Annual Financial Audit Update  
6A1.1 FY 2023 Annual Financial Audit BT Timeline Update 112023  
2023-443  
Final Report: 2023 Tender, Refunding, and New Money Bond Transaction  
B.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
6B0 Report 2023 Tender Refunding New Money Bond Transaction  
6B1 GLWA Board Presentation 2013 Bond Deal 1.16.2023  
6B2 Fitch 2023.11.10_GLWA (MI)_WATER_SER2023_Final Report  
6B3 Fitch 2023.11.10_GLWA (MI)_SEWER_SER2023_Final Report  
6B4 Moody's Credit_Opinion-Great-Lakes-Wtr-Auth-MI-Update-26Oct2023  
6B5 SPCreditResearch_Analysis Water 10_26_2023  
6B6 SPCreditResearch_Analysis Sewer 10_26_2023  
7. New Business  
2023-442  
Proposed Calendar Year 2024 Audit Committee Meeting  
A.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
7A1 2024 Audit Committee Meeting Calendar  
7A2 Audit Committee Proposed 2024 Meeting Schedule Notice  
8. Reports  
2023-445  
CFO Report (Verbal)  
A.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
2023-444  
Monthly Financial Reports for July 2023 and August 2023  
B.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8B1 July 2023 Financial Report  
8B2 August 2023 Financial Report  
2023-446  
Business Inclusion and Diversity Program Update  
C.  
D.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8C Business Inclusion and Diversity Program Update  
2023-447  
Charges Outreach & Modeling Update  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8D Charges Outreach and Modeling Update - 11-17-2023  
8D1 2023.10.31_Presentation_AWG_2023_Exceedance_FINAL  
2023-448  
Affordability & Assistance Update  
E.  
F.  
G.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8E Affordability & Assistance Update  
2023-449  
Gifts, Grants & Other Resources Report  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8F Grants Gifts and Other Resources Report  
2023-450  
Semi-Annual Debt Report as of September 30, 2023  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8G Semiannual Debt Report as of 9.30.2023  
9. Communications  
10. Look Ahead  
A. Next Audit Committee Meeting:  
December 15, 2023 at 8:00 a.m.  
11. Other Matters  
12. Adjournment