Michael A. Mooney

The meeting included approvals for the October and November 2025 payment abstracts, as well as billing adjustments for September and October 2025. The Board approved several budget transfers from Contingency, including funds for meters, State Retirement Tier 4, and additional engineering costs for Phase II of the Edie Road Project. A corresponding budget amendment to increase Contractual Expenses and Interfund Transfers was also approved. The Board approved returning $4,850 in DEC Review Fees. A standing policy was established to keep employee contribution for health insurance premiums at 15% for 2026, sharing the 11% premium increase evenly with employees. The engagement letter with Cusack and Company for the 2025 audit was approved, and the Board accepted actuarial services from Ray Cerrone of Jefferson Solutions for GASB 75 valuations. The 2026 Budget and the 2026 Salary Schedule with a 5% COLA were approved. Discussions were held regarding a lawsuit for unpaid water bills and proposed legislation for re-levy, as well as updates on the Sensus Analytics system and Online/Auto Bill Pay.

The meeting included discussion and approval of the October and November abstracts, billing adjustments for September and October, and budget transfers related to meters, state retirement, and the Edie Road Project. The board also approved a budget amendment, returning DEC Review Fees, and maintaining the employee health insurance premium contribution at 15% for 2026. Additionally, the board accepted Cusack and Company as auditors for the 2025 fiscal year and Ray Cerrone of Jefferson Solutions for actuarial services. The Edie Road Water Loop Progress and ECI Proposal for Railroad Crossing were discussed, along with the 2026 budget and salary schedule. Updates were provided on a lawsuit for unpaid water bills and proposed legislation, as well as the Internet Meter Reading System and Online and Auto Bill Pay.

The meeting included discussion and approval of the August and September abstracts, as well as billing adjustments for July and August. The board approved several budget transfers. Andrea Macy was appointed as the new Comptroller, and bank forms were completed to grant her signature authority. The board discussed certificates of deposit maturities and potential investments. The issue of unpaid water bills for an apartment complex was addressed, and the board agreed to seek legal consultation. Updates were provided on the Sensus Analytics software upgrade, Mulberry Water Plant wells, the 2026 Budget Committee, the Edie Road water loop project, and the Department of Health water system inspection.

The committee reviewed the 2010 audit and financial statements, noting a clean audit report and compliance with auditing standards. They decided to revisit the infrastructure replacement reserve. A fund balance policy was recommended to the full Board, establishing a minimum level of unrestricted funds. The committee approved retaining Cusack & Company for the 2011 audit under a five-year contract. Internal controls and risk management procedures were reviewed, and the scope of the audit was expanded, with no issues found. The annual ethics survey was scheduled for early 2012, and the Audit Committee Charter was reviewed and found to be in compliance.

The meeting included a review of the 2008 audit, financial statements, and accounting policies, which showed WWSA in compliance with all standards. Internal controls and risk management procedures were reviewed, with auditors finding no issues. The committee discussed ethics and potential conflicts of interest related to board members and considered the Audit Committee Charter, determining that all responsibilities have been met.