735 Randolph Street  
Detroit, Michigan 48226  
glwater.legistar.com  
Great Lakes Water Authority  
Meeting Minutes - Final  
Audit Committee  
Friday, December 16, 2022  
8:00 AM  
Zoom Telephonic Meeting  
1. Call To Order  
Chairperson Baker called the meeting to order at 8:00 a.m.  
2. Quorum Call  
3 - Chairperson Brian Baker, Director Gary Brown, and Director Jaye Quadrozzi  
Present:  
3. Approval of Agenda  
Chairperson Baker requested a Motion to Approve the Agenda.  
Motion By: Gary Brown  
Support By: Jaye Quadrozzi  
Action: Approved  
The motion carried by a unanimous vote.  
4. Approval of Minutes  
2022-588  
A.  
Approval of Minutes of December 9, 2022  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 4A December 9, 2022 Audit Committee Special Meeting Minutes  
Chairperson Baker requested a Motion to Approve the December 9, 2022 Audit  
Committee Special Meeting Minutes.  
Motion By: Gary Brown  
Support By: Brian Baker  
Action: Approved  
The motion carried by a unanimous vote.  
5. Public Comment  
6. Old Business  
There were no public comments.  
None  
7. New Business  
2022-589  
A.  
Discussion Draft: FY 2024 & FY 2025 Biennial Budget and Five-Year  
Plan, Proposed FY 2024 Charges with Supporting Materials, and Updated  
Long-Term Plan  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
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  
Motion By: Gary Brown  
Support By: Jaye Quadrozzi  
Action: Received and Filed  
The motion carried by a unanimous vote.  
8. Reports  
2022-590  
A.  
CFO Report  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
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 revenue sources and robust reserves  
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  
Motion By: Gary Brown  
Support By: Brian Baker  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2022-591  
B.  
Monthly Financial Report for September 2022  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8B September 2022 Financial Report_Tagetik  
Motion By: Gary Brown  
Support By: Brian Baker  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2022-592  
C.  
Business Inclusion and Diversity Program Update  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8C1 Business Inclusion and Diversity Program Update  
8C2 REISSUE Business Inclusion and Diversity Program  
Year-in-Review 12.12.22  
Motion By: Gary Brown  
Support By: Brian Baker  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2022-593  
D.  
Charges Outreach & Modeling Update  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8D Charges Outreach and Modeling Update - 12.16.22  
Motion By: Gary Brown  
Support By: Brian Baker  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2022-594  
E.  
Affordability & Assistance Update  
Nicolette Bateson  
Sponsors:  
Indexes:  
Finance  
Attachments: 8E1 Affordability and Assistance Update  
8E2 Appendix A - WRAP Quarterly Report_FY23 Q1  
Motion By: Gary Brown  
Support By: Brian Baker  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2022-595  
F.  
Grants, Gifts, and Other Resources Report through October 31, 2022  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8F Gifts, Grants and Other Resources Report  
Motion By: Gary Brown  
Support By: Brian Baker  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2022-596  
G.  
FY 2023 Q1 Construction Work-in-Progress Report through September 30,  
2022 (unaudited)  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8G Quarterly CWIP Report FY 2023 Q1  
Motion By: Gary Brown  
Support By: Brian Baker  
Action: Received and Filed  
The motion carried by a unanimous vote.  
2022-597  
H.  
Annual Procurement Report FY 2022  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 8H Annual Procurement Report FY 2022_11-14-22  
Motion By: Gary Brown  
Support By: Brian Baker  
Action: Received and Filed  
The motion carried by a unanimous vote.  
9. Communications  
2022-598  
A.  
Fraud Hotline Reminder - December 13, 2022  
Nicolette Bateson  
Finance  
Sponsors:  
Indexes:  
Attachments: 9A1 Fraud Hotline Email 12.13.2022  
9A2 GLWA Hotline Brochure 12.2022  
9A3 GLWA's Fraud & Ethics Hotline Poster  
Motion By: Gary Brown  
Support By: Brian Baker  
Action: Received and Filed  
The motion carried by a unanimous vote.  
10. Look Ahead  
The next Audit Committee Meeting is scheduled to be held Friday, January 27, 2023 at 8:00 a.m.  
11. Other Matters  
There were no other matters.  
12. Adjournment  
Chairperson Baker requested a Motion to Adjourn.  
Motion By: Gary Brown  
Support: Brian Baker  
Action: Approved  
The motion carried unanimously.  
There being no further business, the meeting was adjourned at 10:00 a.m.