735 Randolph Street  
Detroit, Michigan 48226  
glwater.legistar.com  
Great Lakes Water Authority  
Meeting Agenda  
Audit Committee  
Friday, December 6, 2024  
8:00 AM  
Zoom Telephonic Meeting  
Zoom Telephonic Special Meeting  
Join Zoom Meeting:  
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Join by Telephone  
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Meeting ID: 896 7933 9125  
Passcode: 250288  
1. Call To Order  
2. Quorum Call  
3. Approval of Agenda  
4. Approval of Minutes  
2024-421  
Minutes of October 25, 2024  
A.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
4A Minutes - October 25, 2024 Audit Committee Meeting.pdf  
5. Public Comment  
6. Old Business  
2024-398  
A.  
Approval of Audit and Related Draft Financial Reports Pertaining to the  
Fiscal Year Ended June 30, 2024  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
6A 1 FY 2024 Annual Audit Financial Update.pdf  
6A 1.2 Baker Tilly Audit Presentation 2024 by Jodi Dobson.pdf  
6A 1.3 GLWA FY 2024 Reporting and Insights Audit Results - Draft 12.3.24.pdf  
6A 1.4 GLWA Informal Management Comments Summary FY2024.pdf  
6A 1.6 FY 2024 Annual Audit & Financial Results.pdf  
6A 1.7 FY 2024 Key Takeaways - One Pager.pdf  
6A 1.8 GLWA FY 2024 ACFR DRAFT 12.2.24.pdf  
6A 1.9 GLWA Single Audit 6.30.2024 - DRAFT 12.2.24.pdf  
7. New Business  
2024-430  
Proposed Calendar Year 2025 Audit Committee Meeting Dates  
A.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
7A1 2025 Audit Committee Meeting Calendar.pdf  
7A2 Audit Committee Proposed 2025 Meeting Schedule Notice.pdf  
2024-397  
B.  
Proposed Change Order No. 3 - Extension of Time Only  
SCN-0000189  
Investment Advisor Services  
PFM Asset Management, LLC contract extension  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
7B1 PFM Asset Management Contract Extension.pdf  
2024-413  
C.  
D.  
Public Hearings on the Proposed FY 2026 & FY 2027 Biennial Budget  
Request  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
7C1 AC Memo FY 2026-27 Budget Public Hearing Request.pdf  
7C3 Notice of Public Hearing for GLWA Proposed Biennial Budget.pdf  
2024-414  
Public Hearing on Proposed FY 2026 Schedule of Revenues and Charges  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
7D1 AC Memo FY 2026-27 Proposed FY 2026 Schedule of Revenues and Char  
7D3 Notice of Public Hearing for GLWA FY 2026 Water and Sewerage Service C  
8. Reports  
2024-422  
CFO Report  
A.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8A1 CFO Report December 2024.pdf  
8A2 Example University financial-fdm-definitions.pdf  
2024-423  
Affordability & Assistance Update  
B.  
C.  
D.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8B Affordability & Assistance Update.pdf  
2024-424  
Gifts, Grants & Other Resources Report  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8C Grants Gifts and Other Resources Report.pdf  
2024-425  
September Quarterly Investment Report  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8D1 Quarterly Investment Report Cover Memo_December 2024.pdf  
8D2 GLWA_Quarterly Investment_Report_September 2024.pdf  
2024-426  
FY 2024 BID Year in Review Report  
E.  
F.  
G.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8E B.I.D. Audit Committee Report FY 2024.pdf  
2024-427  
Annual Procurement Report  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8F GLWA Annual Procurement Report FY Updated 12.3.24.pdf  
2024-428  
Vendor Outreach Report  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8G 2024 VOE Final Report.pdf  
9. Communications  
2024-429  
The Procurement Pipeline for November 2024  
A.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
9A November 2024 Procurement Pipeline.pdf  
10. Look Ahead  
A. Next Audit Committee Meeting: December 20, 2024, at 8:00 a.m.  
11. Other Matters  
12. Adjournment