The meeting took place in the small conference room due to HVAC construction. All trustees were in attendance in person or via phone or video conferencing.
Board of Trustees meeting: FY 23 officers were unanimously re-elected and consent agenda passed unanimously. Investment Committee meeting: Investments are getting higher interest rates 2.06% for T Bills. Off setting that is greatly increased costs for chemicals and electricity. Stock market being up means the pension fund is significantly better which impacts the budget positively. The PPRT (Personal Property Replacement Taxes) revenue is also up significantly and is used for capitol projects. Finance: The State of Illinois has many past due GPSD bills. Still working with utility billing software which would need to interact with IL American Water usage data. GPSD is using Cyber security software. Operations: There were no violations, no backups. They received a Peak Performance Award for the second year. GPSD is ahead of regulations regarding phosphorus using biological removal – 80% reduction. One of two “screw pumps” went out and they are dealing with it as an internal maintenance project. (They also have a backup pump.) Of note nearby but downstream is the high Kickapoo Creek phosphorus level which is due to farm fields and residential septic systems. Also contributing can be stream erosion. There is a Bradley student summer study going on. Construction & Planning: new residential connections are up this year. Approved $60,699 change order to a sewer lining project which needed bypass pumping and included unexpected pipe failures. GPSD will participate in an Illinois watershed study group. Ameren may want an old landfill site that GPSD owns for a community solar project. However there was discussion about the degraded panels at the end of panel life including heavy metals. The Audit will be reviewed at the July meeting. Cheryl Budzinski, Observer Comments are closed.
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