Title
The Board of Water Commissioners for the City of Detroit Water and Sewerage Department approves the amendment to gross up the operating budgets for fiscal year 2019-20 for the Water Operating Fund in the amount of $12,237,600 and for the Sewage Disposal Operating Fund in the amount of $24,160,100 to adhere to Plante Moran's request to reflect GLWA's portion of the Industrial Waste Control charges, B&C notes, operating and non-operating pension; and further authorizes the Director and Chief Financial Officer to take such other action as may be necessary to accomplish the intent of this vote.
Body
Agenda of June 5, 2019
Item No.
Fiscal Year 2019-20 Budget Amendment to Gross Up the Operating Budget to Include GLWA's Portion of IWC charges, B&C Notes and Non-operating Pension
TO: The Honorable
Board of Water Commissioners
City of Detroit, Michigan
FROM: Gary Brown, Director
Detroit Water and Sewerage Department
Date: June 5, 2019
RE: Resolution to Amend the Fiscal Year 2019-20 Operating Budgets for the Water and Sewage Disposal Systems to Include GLWA's Portion of IWC charges, B&C Notes, Operating and Non-operating Pensions
MOTION
Upon recommendation of Thomas Naughton, Chief Financial Officer, the Board of Water Commissioners for the City of Detroit Water and Sewerage Department approves the amendment to gross up the operating budgets for fiscal year 2019-20 for the Water Operating Fund in the amount of $12,237,600 and for the Sewage Disposal Operating Fund in the amount of $24,160,100 to adhere to Plante Moran's request to reflect GLWA's portion of the Industrial Waste Control charges, B&C notes, operating and non-operating pension; and further authorizes the Director and Chief Financial Officer to take such other action as may be necessary to accomplish the intent of this vote.
WHEREAS The Great Lakes Water Authority ("GLWA") assumed operation of the regional water and sewer systems and the Detroit Water and Sewerage Department (...
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