Board of Directors Workshop Meeting
Great Lakes Water Authority
Wednesday, Sept. 13, 2023
1:00 p.m. — 3:00 p.m. EDT
600 E Warren Avenue Detroit, MI 48201 (Directions)
Plymouth United Church of Christ
Check the source website for additional information
Reporting
Edited and summarized by the Detroit - MI Documenters Team
GLWA's board discusses the need to revise budget estimates to account for the rising costs of labor and supplies.
GLWA's board discusses the high costs of deferred maintenance and the need to replace aging infrastructure.
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@glwatermi Board of Directors workshop meeting for
@DetDocumenters #DetDocumenters. Our media partners are @BridgeDet313 @chalkbeatDET @freep @media_outlier @metrotimes @MichiganRadio @PlanetDetroit @wdet @wxyzdetroit.
10:59 AM Sep 13, 2023 CDT
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Formed economic outlook task force report last November w/ quarterly updates since then to audit committee. Forecast planning scenarios one feature of the reports.
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Executive summary:
-Inflation has been major issue for everyone. But as expected "overall inflation and cost pressures are more stable this year than 2022."-
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-"Inflation forecast suggests slightly lower annual inflation rate than last report." "Nationally a risk for recession remains elevated."
-"Material prices are up from last spring, but not at the rate seen during the spike in 2020-2021."
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The GLWA has one more year of 4% promise (that budget increases no more than 4%).
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Nicolette says GLWA is now mediation with Highland Park issue.
Re: SRF, GLWA has received 50% of what they have applied for.
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Attachments
Agency Information
Great Lakes Water Authority
The Great Lakes Water Authority (GLWA) is a regional water and sewer authority that services nearly 40 percent of the water customers in Michigan. Currently GLWA provides wholesale water and waste water services to 127 municipalities in eight Southeastern Michigan counties, which is equivalent to approximately 3.9 million customers.
Documents
More from this agency
Operations and Resources Committee
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Board of Directors Workshop Meeting
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