735 Randolph Street  
Detroit, Michigan 48226  
glwater.legistar.com  
Great Lakes Water Authority  
Meeting Agenda  
Audit Committee  
Thursday, November 9, 2023  
8:00 AM  
Zoom Telephonic Meeting  
Join Zoom Meeting:  
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9
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Passcode: 488727  
Zoom Telephonic Meeting  
1. Call To Order  
2. Quorum Call  
3. Approval of Agenda  
4. Approval of Minutes  
2023-392  
Approval of Minutes - September 22, 2023  
A.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
4A Minutes - September 22, 2023 Audit Committee Meeting  
5. Public Comment  
6. Old Business  
2023-396  
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 - SS 10.25.23  
2023-397  
General Retirement System Component II Annual Pension Report Update  
B.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
6B GRS Component II Pension Report Update  
6B1 GRS Valuation Component II-Legacy Pension Final 6.30.2022  
7. New Business  
2023-398  
Annual Report on Water System Max Day  
A.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
7A MaxDay-PeakHourAnnualReport 2023  
2023-427  
B.  
Resolution Regarding Approval of Schedule of Member Partner Bad Debt  
Recovery Credits #2023-2 Totaling $20,026,500 With Conditions  
Precedent Utilizing the Highland Park Bad Debt Recovery Credits  
Methodology  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
7B2.1 Board Letter Attachment Bad Debt Recovery 2023-427  
7B3 Fully Executed Term Sheet by HP, GLWA, and SOM  
7B4 Draft HP Bad Debt Credit Calculations 102323  
7B5 CWW Resolution GLWA Highland Park 2023 with signature  
8. Reports  
A. CFO Report (Verbal)  
2023-400  
Monthly Financial Report for June 2023 (unaudited)  
B.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8B June 2023 Financial Report  
2023-401  
Business Inclusion and Diversity Program Update  
C.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8C Business Inclusion and Diversity Program Update  
8C1 REVISED B.I.D. Program Update September 2023  
2023-406  
Charges Outreach & Modeling Update  
D.  
E.  
F.  
G.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8D Charges Outreach and Modeling Update - 10-27-2023  
2023-402  
Affordability & Assistance Update  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8E1 Affordability and Assistance Update  
2023-403  
Gifts, Grants & Other Resources Report  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8F Grants Gifts and Other Resources Report  
2023-404  
Qualified Financial Institution Review  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8G Qualified Financial Institutions Memo for Audit Committee Package  
9. Communications  
2023-405  
The Procurement Pipeline for October 2023  
A.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
9A The Procurement Pipeline for October 2023  
2023-399  
Canceled Meeting Binder from October 27, 2023  
B.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
9B1 Cover Memo-Canceled Meeting Binder from October 27, 2023  
9B2 Canceled Meeting Binder from October 27, 2023  
10. Look Ahead  
A. Next Audit Committee Meeting:  
November 17, 2023 at 8:00 a.m.  
11. Other Matters  
12. Adjournment