Claudia Lujan

The board addressed several key items, beginning with the approval of consent agenda items. The General Manager's report covered the board calendar and various professional events. Financial updates were provided, noting that key financial metrics remain in compliance. The board also received a quarterly report on procurement authorizations. Additionally, a presentation detailed the planned redesign of the utility's website, focusing on modernization, improved accessibility, searchability, and significant hosting cost reductions. The meeting concluded with a drought update regarding water ownership levels at regional reservoirs.

The Board of Directors reviewed the financial performance report for fiscal year 2026 as of April 2026. The agenda included a comprehensive analysis of operating revenues, expenses, changes in net position, and flow of funds. Additionally, the Board reviewed statements of net position, including assets, liabilities, and deferred inflows and outflows of resources. The documentation also included an investor-owned utility residential electric bill comparison based on 1,000 kWh of sales.

The Finance Committee reviewed the monthly financial performance report for the period ending May 31, 2026, highlighting key financial metrics such as adjusted gross revenues, debt service coverage ratios, and cash transfers to the city. Additionally, the committee discussed and reviewed a proposal for a three-year renewal of the Esri small utility enterprise agreement, noting its importance for GIS integration and support for the utility's strategic technology initiatives.

The agenda includes several action items related to bid awards for electrical inventory and polemount/padmount transformers, as well as the North Regional Force Main Project. The Board will also address the renewal of annual contracts for janitorial and grounds keeping services, and review professional engineering services for a waterline project. Policy discussions involve proposed amendments to personnel policies concerning vacation leave, nepotism, anti-fraud measures, and a new delegation of authority policy. Additionally, the Board will review the printing and mailing services for utility bills, consider an interlocal purchasing agreement with TXShare, and discuss the board's policy on policies and procedures. Presentations will cover the financial performance report, budget reviews for operations and maintenance, the fiscal year 2027 budget calendar, and a drought update. A closed session is scheduled to discuss litigation, real property matters, power purchasing, and audit results.

The board meeting included the presentation of the Project Share scholarship program and the recognition of its 11 recipients. The board approved the consent agenda, with the exception of item 13 which was tabled. The General Manager provided a report on the board calendar, including office closures and upcoming industry conferences. Additionally, the finance department presented the financial performance report for the period ending April 30, and the operations and maintenance six-month budget review, addressing budget variances in meter services due to the reclassification of communication costs for new AMI meters from CIP to O&M.