735 Randolph Street  
Detroit, Michigan 48226  
glwater.legistar.com  
Great Lakes Water Authority  
Meeting Agenda  
Audit Committee  
Friday, December 16, 2022  
8:00 AM  
Zoom Telephonic Meeting  
Zoom Telephonic Meeting  
Join Zoom Meeting Here:  
https://glwater.zoom.us/j/87110377084?pwd=Z21IUHlLaytkMjNkNjNwbHp3LzR5UT09  
Join By Telephone:  
877 853 5247 US Toll-free  
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Meeting ID: 871 1037 7084  
Passcode: 113116  
1. Call To Order  
2. Quorum Call  
3. Approval of Agenda  
4. Approval of Minutes  
2022-588  
Approval of Minutes of December 9, 2022  
A.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
4A December 9, 2022 Audit Committee Special Meeting Minutes  
5. Public Comment  
6. Old Business  
7. New Business  
2022-589  
Discussion Draft: FY 2024 & FY 2025 Biennial Budget and Five-Year  
Plan, Proposed FY 2024 Charges with Supporting Materials, and  
Updated Long-Term Plan  
A.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
0 7A1.2 A Budget Transmittal Letter  
2.0 FY 2024 & 2025 Biennial Budget Draft  
7A5 FY 2024+ Executive Budget Briefing with Board 11.17.2022 Final  
7A7 FY 2024 Charges 121422  
8. Reports  
2022-590  
CFO Report  
A.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8A1 CFO Report December 2022  
8A2.1 Inflationary Impacts on Credit Ratings vF  
8A2.2 12-06-2022 Fitch U.S. Water and Sewer Outlook 2023  
8A2.3 12-06-2022 Mdy Local Govt - US 2023 Outlook - Stable with reliable reve  
8A3.1 2022.12.07 CFO Forum - Evaluation Summary  
8A3.2 2022.12.12 SE MI Economic Outlook Forum - Evaluation Summary  
8A4 FSA Org Chart 12.9.2022  
2022-591  
Monthly Financial Report for September 2022  
B.  
C.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8B September 2022 Financial Report_Tagetik  
2022-592  
Business Inclusion and Diversity Program Update  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8C1 Business Inclusion and Diversity Program Update  
8C2 REISSUE Business Inclusion and Diversity Program Year-in-Review 12.12.  
2022-593  
Charges Outreach & Modeling Update  
D.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8D Charges Outreach and Modeling Update - 12.16.22  
2022-594  
Affordability & Assistance Update  
E.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8E1 Affordability and Assistance Update  
8E2 Appendix A - WRAP Quarterly Report_FY23 Q1  
2022-595  
Grants, Gifts, and Other Resources Report through October 31, 2022  
F.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8F Gifts, Grants and Other Resources Report  
2022-596  
FY 2023 Q1 Construction Work-in-Progress Report through September  
30, 2022 (unaudited)  
G.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8G Quarterly CWIP Report FY 2023 Q1  
2022-597  
Annual Procurement Report FY 2022  
H.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
8H Annual Procurement Report FY 2022_11-14-22  
9. Communications  
2022-598  
Fraud Hotline Reminder - December 13, 2022  
A.  
Sponsors:  
Indexes:  
Nicolette Bateson  
Finance  
Attachments:  
9A1 Fraud Hotline Email 12.13.2022  
9A2 GLWA Hotline Brochure 12.2022  
9A3 GLWA's Fraud & Ethics Hotline Poster  
10. Look Ahead  
A. Next Audit Committee Meeting:  
December 13, 2022  
11. Other Matters  
12. Adjournment