2026-10-14 Water Works and Lighting Commission Packet

If given 72 hours’ notice, efforts will be made by the General Manager’s office to accommodate the needs of disabled individuals through sign language interpreters and other auxiliary aids. Water Works and Lighting Commission 221 16th Street S, P.O. Box 399, Wisconsin Rapids, WI 54495-0399 (715) 423-6300 AGENDA There will be a regular meeting of the Water Works and Lighting Commission in the conference room on Wednesday, October 14, at 2:00 PM. Listed below is the agenda for this meeting. 1. Call to order 2. Approval, additions, or corrections to the minutes of the following meetings 2.1. Regular Commission Meeting held September 9, 2026 2.2. Special Commission Meeting held September 25, 2026 3. Action Items 3.1 Amend the utility’s current parallel generation tariffs and authorize Great Lakes Utilities to submit an omnibus filing to the Public Service Commission of Wisconsin on the utility’s behalf 3.2 Consider a donation to Team Rapids 4. Department updates 4.1. Safety Coordinator 4.2. Line Superintendent 4.3. Electrical Engineer 4.4. Water Department Operations 4.5. Information Systems Administrator 4.6. Key Accounts Manager 4.7. Customer Support Supervisor 4.8. Director of Engineering and Metering 4.9. Chief Financial Officer 4.10. General Manager 5. Review of accounts payable 6. Adjourn 2.1 Regular Meeting of the Water Works and Lighting Commission Wednesday, September 9, 2026 In Attendance: Commissioner John Bergin Commissioner Rick Merdan Commissioner John Harper Commissioner Kevin Fangman Absent: Commissioner Jeff Penzkover was excused. Also in attendance: Todd Weiler, Jeff Kuhn, Owen Yenter, Lynn Schroer, Shawn Reimer, Matt Stormoen, Adam Breunig, Tyler Sneen, Sean Wall, and Heidi Schroeder. Absent: Josh Elliott was excused. 1. Call to Order Chairperson John Bergin called the meeting to order at 1:00 PM. 2. Approval, additions, or corrections to minutes of the following meeting 2.1 Regular Commission Meeting held There was a motion made by John Harper, seconded by Kevin Fangman and carried to approve the minutes of Regular Commission Meeting held on last meeting August 12, 2026, and to place them on file. No nay votes were recorded. 3. Presentation from Ehlers Investment There was a presentation by Tami Olszewski from Ehlers Investment Partners on the utility’s investments. This presentation was informative only and no action was taken. 4. Department Updates 4.1 Safety Coordinator’s Report This report was reviewed and discussed. Sean Wall answered questions regarding safety incidents. 4.2 Line Superintendent’s Report This report was reviewed and discussed. In Josh Elliott’s absence, Todd Weiler answered questions regarding failed transformers. 4.3 Electrical Engineer’s Report This report was reviewed and discussed. In Tyler Sneen answered questions regarding recloser troubleshooting and RTAC programming. 2.1 4.4 Water Department Operation’s Report This report was reviewed and discussed. Adam Breunig answered questions regarding water volume usage, bulk water fill station, and lead replacement status. 4.5 Information Systems Administration’s Report This report was reviewed and discussed. Matt Stormoen answered questions regarding Virtual Environment Migration and cell phone provider changes. 4.6 Conservation Manager’s Report This report was reviewed and discussed. Shawn Reimer answered questions regarding solar array site progress and rate change letters sent to commercial customers. 4.7 Customer Support Supervisor’s Report This report was reviewed and discussed. Lynn Schroer answered questions regarding payments and collections. 4.8 Director of Engineering and Metering This report was reviewed and discussed. Owen Yenter answered questions regarding summer help, usage and information to be displayed in new lobby, High School Substation Upgrade, and RP3 Applications. 4.9 Chief Financial Officer This report was reviewed and discussed. Jeff Kuhn answered questions regarding water volume usage and income, upcoming budget meeting, lead services customer contact, and the Ehlers presentation. 4.10 General Manager’s Report This report was reviewed and discussed. Todd Weiler answered questions regarding GLU Marshfield Energy Center. 5. Review of Accounts Payable A listing of invoices and checks covering August was provided to the commission for review and all questions answered truck 89 issues, tree trimming charges, bulk water fill station, projected health care increase, lobby budget, parking lot completion, and Strand engineering charges. 6. Adjourn There was a motion made by Rick Merdan, seconded by Kevin Fangman and carried to adjourn at 1:53 PM. No nay votes were recorded. Respectfully submitted, Rick Merdan, Secretary 2.2 Special Meeting of the Water Works and Lighting Commission Friday, September 25, 2026 In Attendance: Commissioner John Bergin Commissioner Kevin Fangman Commissioner John Harper Commissioner Jeff Penzkover Also in attendance: Todd Weiler, Jeff Kuhn, Owen Yenter, Shawn Reimer, Matt Stormoen, Adam Breunig, and Matt Zacher. Commission Rick Merdan was excused from this meeting. 1. Call to Order Chairperson John Bergin called the meeting to order at 9:30 AM. 2. Consider donation to Team Rapids The Commission discussed a donation to Team Rapids. Additional information was requested and will be reconsidered at the next Commission meeting. 3. 2027 budget discussion and approval There was substantial discussion on the 2027 capital and operation budget. Adjustments were made to the capital budget. In the water capital budget, the line for replacing hydrants was increased to $70,000. In the IT capital budget, a budget line for audio and video equipment for the conference room was removed. There was a motion made by Jeff Penzkover, seconded by Kevin Fangman and carried to approve the 2027 capital budget as amended. No nay votes were recorded. There was a motion by Kevin Fangman, seconded by Jeff Penzkover and carried to approve the 2027 operation budget as presented. No nay votes were recorded. 4. Adjourn There was a motion made by Kevin Fangman, seconded by Jeff Penzkover and carried to adjourn at 12:01 PM. No nay votes were recorded. Respectfully submitted, John Harper, Acting Secretary Water Works and Lighting Commission 221 16th Street S, P.O. Box 399 Wisconsin Rapids, WI 54495-0399 (715) 423-6300 3.1 Amend the Utility’s current parallel generation tariffs and authorize Great Lakes Utilities to submit an omnibus filing to the Public Service Commission of Wisconsin on the utility’s behalf Almost ten years ago, the utility changed its parallel generation tariff (buyback rate) from retail rate to a cost that coincided with the true purchased power cost to the utility. At the time, the utility decided to use the average cost of power from the previous year to pay solar customers for excess generation, with some adjustments. This rate is updated annually. The 2026 rate is 7.28 cents per kWh. The Public Service Commission did not provide any guidance on what utilities should pay customers for excess generation. Some utilities continue to pay retail rates to incentivize residential solar installation. Sturgeon Bay Utilities worked for several years to change their buyback rate to reflect the historical cost of energy at the local MISO pricing node. This request was approved earlier this year. Sturgeon Bay’s current rates change based on season and time of day and range between 2.49 cents and 8.76 cents per kWh. Great Lakes Utilities will be filing and omnibus request to the PSC for interested members to update their buyback rate calculation. While the calculation will be a little more complex to explain to customers, this filing will make our rate consistent with other GLU members and be an accepted methodology from the PSC. We request you authorize Great Lakes Utilities to submit the filing to amend Wisconsin Rapids WWLC’s parallel generation tariffs on the utility’s behalf. Jeff Kuhn Jeff Kuhn Chief Financial Officer 4.1 Wisconsin Rapids Water Works & Lighting Commission September 2026 Prepared By: Sean T. Wall, MEUW Regional Safety Manager SAFETY REPORT ACCOMPLISHMENTS 1. Training a. Fall Protection safety training and equipment inspections (Water and Electric) 9/9 b. Confined Space Entry hands on training (Water) 9/15 2. Audits / Inspections a. No inspections in September 3. Compliance/Risk Management a. Attended Commission meeting 4. Safety incident(s) / updates a. 3 incidents reported in September, 9 incidents total in 2026 i. Property Damage report for door damage while transporting with the forklift ii. Vehicle Damage report for Excavator thumb malfunction iii. Property Damage report for hot water heater wired incorrectly b. All incidents above were properly reported and addressed. Good to have on file. c. Conducted meeting to further discuss previous month incident with Electric employee to get more details and discuss reporting GOALS AND OBJECTIVES 1. Training a. Emergency Action Plan & Fire Extinguisher hands on safety training 10/14 2. Audits/Inspections a. Field inspections to still take place as time / weather allows.\ b. Facility inspection to take place in Q4 (Nov / Dec) 3. Compliance/Risk Management a. Attend Commission meeting b. Follow up on all incidents c. Take Utility group picture 10/2 in front of new building remodel Water Works and Lighting Commission 221 16th Street S, P.O. Box 399, Wisconsin Rapids, WI 54495-0399 (715) 423-6300 Line Superintendent’s Report September 2026 Work Performed During September the Electric Department processed work orders, electric service orders, and 93 trouble slips. Other Projects • Continued tree trimming • Continued pole replacements • Continued 2026 URD conversion • Continued Jackson St project After Hours Calls In September there were 8 after-hour call-ins. The call for “other” was for a Charter line down. Respectfully submitted, Josh Elliott Electric Line Superintendent 0 1 2 3 4 ANIMAL RELATED CUSTOMER PROBLEM OTHER TREE RELATED UNKNOWN September 2026 call-ins Total 4.3 Water Works and Lighting Commission 221 16th Street S, P.O. Box 399, Wisconsin Rapids, WI 54495-0399 (715) 423-6300 PROJECT ELECTRICAL ENGINEER’S REPORT September 2026 RTAC Programming I have been steadily working on our RTAC HMI screens for the pas t month. This has included the following: - Completing the connection between the RTAC and every PLC - Translating the digital tags from each PLC so that the RTAC can understand them - Creating aliases for every tag in the RTAC so that they can be easily understood without needing a key - Lobby water and electric screens are working but will stop working in the lobby whenever I make changes to the RTAC. I am currently trying to find a way to mitigate this. - I am 90% done with the water overview SCADA screen. All digital and analog values display correctly. I am still working on getting flow animations to display the way I want them to. My next step after completing the water overview page is to start working on backwash, reclaim, and filter controls. This will require more tag setup and will be tricky since I have been doing all of this without the use of the main SCADA PLC where most of this automation programming currently takes place. Distribution Transformer Deliveries Update We have now received 80 of 92 transformers for 2026. Yet To Receive: • 1 @ 10KVA 120/240 POLE • 1 @ 50KVA 240/480 POLE • 3 @ 75KVA 120/240 POLE • 3 @ 100KVA 120/240 POLE • 3 @ 100KVA 277/480 POLE • 1 @ 100KVA 120/240 PAD Tyler Sneen Project Electrical Engineer 4.4 Water Works and Lighting Commission 221 16th Street S, P.O. Box 399, Wisconsin Rapids, WI 54495-0399 (715) 423-6300 WATER DEPARTMENT OPERATIONS REPORT September 2026 WATER PROJECTS During September, the water department worked on the following projects. • The water department began the 2nd St N reconstruction project located between Spring St and Pleasant View Dr. • The water department assisted the Wastewater Department with replacing a sanitary lateral located at 271 19th Ave S. • A water break occurred at 473 Sparks Ave. This 6” CI (Cast Iron) water main was repaired and placed back into service. • The water department worked alongside Williams Plumbing on replacing lead water services at 301 13th St S and 920 9th St S. TROUBLE CALLS The water meter crew responded to 34 trouble calls/service material inspections and 7 residential cross connection inspections. WATER DEPTHS AT WELLHEAD MONITORING SITES FOR THE LAST 5 YEARS The readings given below were taken during the last week of September of the year. 26.75 34.95 16.55 15.70 15.70 13.83 15.10 15.10 20.60 0 5 10 15 20 25 30 35 40 2022 2023 2024 2025 2026 Municipal Well Water Depth (ft) Below Grade Collector 1 Collector 2 Collector 3 Collector 4 Well 5 4.4 PUMPING TOTALS AT EACH MUNICIPAL WELL FOR THE LAST 3 YEARS PUMPING TOTALS FOR ENTIRE WATER SYSTEM FOR THE LAST 3 YEARS Sincerely, Adam Breunig Water Superintendent 0 5 10 15 20 25 30 35 2024 2025 2026 Million of Gallons Pumped Per Wellhead Collector 1 Collector 2 Collector 3 Collector 4 Well 5 65 66 66 67 67 68 68 69 69 70 70 71 2024 2025 2026 Million of Gallons Pumped This Month 4.5 Water Works and Lighting Commission 221 16th St. So. P.O. Box 399 Wisconsin Rapids, WI 54495-0399 715/423-6300 INFORMATION SYSTEMS ADMINISTRATOR’S REPORT September 2026 APPA CAP Program We participated in the APPA’s first ever Cybersecurity Accelerator Program (CAP) assessment this year. I am happy to say that we have achieved the second highest designation, which is Platinum-Medium in our first assessment. We will use this assessment as a guide to make changes for the better in our cybersecurity program. This being the first year for this program, they do not have a plaque or certificate like they do for their RP3 program. Fill Station We have received the camera and require a special SD card for recording video locally. Due to chip shortages the SD cards required for these cameras are not available. The SD cards are currently 6 months out for delivery. We are working with the vendor to find another solution. Cellular Issues We have migrated all AMI meter collectors to our AT&T FirstNet account. We are currently testing one of the field tablets to make sure everything works as it should on the FirstNet network. 4.5 Projects 1. SCADA Network Updates 2. Outage Management 3. Cloud Migration 4. SCADA Switch Upgrades 5. Cybersecurity Sincerely, Matt Stormoen Information Systems Administrator Water Works and Lighting Commission 221 16th Street S, P.O. Box 399 Wisconsin Rapids, WI 54495-0399 (715) 423-6300 4.6 Key Accounts Manager/Energy Efficiency Specialist Report September 2026 High School Substation Owen and I met with the Wisconsin Rapids Public Schools (WRPS) Superintendent to discuss the possibility of acquiring approximately .25 acres of property for our new substation building. The preliminary footprint drafted by Forester Engineering was smaller than the final detailed diagram. The WRPS Superintendent was optimistic that the WRPS board members would allow WW&LC to attain more property to continue with the High School Substation project. Owen is waiting for approval from the Public Service Commission and the exact sizing of the switchgear to determine the final dimensions of the building footprint. When this process is complete, we will present the information to the WRPS Superintendent for school board approval of the property acquisition. Marianin Cold Storage All load profile information was monitored and reviewed to make sure the operation cooled down their storage buildings properly prior to the cranberry season. I reached out to the facility Manager to discuss the time periods and freezing times to assure them that the freezing process was performed during off-peak hours to eliminate large demand charges. Further discussions are pending on a return call back from the Facility Manager. WW&LC Bookmark Contest This year we decided to bring back our annual Bookmark Contest. The contest was sent to private and public-school educators to disperse to 6th and 7th graders. Students put their artistic abilities in a creative design to represent conserving energy or water representing its importance to save energy or water. Four bookmark designs were selected and displayed in our new lobby area over the week of Public Power Week and grand opening of our new lobby. Bookmarks will be printed for giveaways, and the winners will be highlighted in our next WW&LC newsletter and on our social media platforms. Rate Increase/Decrease Letter This past month, three commercial customers have been sent a rate change letter. The organizations were contacted due to a change in their electric usage and offer them the opportunity to discuss how this may affect their monthly invoices moving forward. This also allows them, in some instances, to discuss the option of a regular fixed, or time-of-day rate offering the most monthly electric cost savings. All load analysis has been performed to discuss the best rate when they call. Respectfully, Shawn Reimer Key Accounts Manager Water Works and Lighting Commission 221 16th Street S, P.O. Box 399 Wisconsin Rapids, WI 54495-0399 (715) 423-6300 CUSTOMER SUPPORT SUPERVISOR’S REPORT SEPTEMBER 2026 COLLECTIONS September marked the final full month of electric disconnections before the Public Service Commission (PSC) moratorium begins on October 15. We sent 1,240 phone calls and 429 follow-up text messages to notify customers of an upcoming disconnection. This was followed by 201 disconnections and 204 reconnections. Our past due percentages have consistently improved since May, however past due percentages do include budget customers in good standing, pending energy assistant payments, existing properties that are currently disconnected, and customers with payment arrangements. We will continue electric disconnections through October 15th when the PSC Reconnection Program begins. All customers who have been disconnected for non-payment will be notified to verify vacancy and possible reconnection. At the end of September, 23 locations remained disconnected for non-payment. ALL PROVIDERS – Active Accounts May, 2026 June, 2026 July, 2026 August, 2026 September, 2026 30 day 216,615 7.69% 149,636 4.95% 236,369 7.02% 234,781 6.40% 225,381 6.53% 60 day 44,085 1.57% 41,297 1.37% 25,152 0.75% 24,425 0.67% 23,402 0.68% 90 day 44,020 1.56% 30,945 1.02% 23,954 0.71% 18,587 0.51% 16,349 0.47% Current 2,510,486 89.18% 2,799,992 92.66% 3,082,740 91.52% 3,388,165 92.42% 3,187,941 92.32% Active 2,815,206 3,021,870 3,368,215 3,665,958 3,453,073 Inactive 48,144 54,934 51,641 50,976 48,728 Total AR 2,863,350 3,076,804 3,419,856 3,716,934 3,501,801 Payment Arrangements Forty-seven payment arrangements were made in September this year, compared to just 19 in September 2025. To enter a payment arrangement, a customer is required to pay 50% of their past due balance. Commercial Accounts In September, 33 commercial properties were notified of disconnection. One account remains disconnected to date. Tax Refund Interception Program (TRIP) and State Debt Collection (SDC) We received $3,126 through SDC in September for a 2025 total of $73,677. OFFICE INFORMATION Office staff processed one new electric service and three new water services in September. In addition, 235 electric and 136 water move orders were processed. Forty-seven of these orders were received electronically. 1,175 payments were processed in the lobby. 70 welcome letters were sent to new customers in September. Office staff answered 1,426 phone calls in September. 4.7 OFFICE INFORMATION CONT Jeff Kuhn, Holly Tucker and I attended the MEUW Accounting and Customer Service Seminar on September 23rd. With the construction complete, office staff transitioned back to the utility. The upcoming Fall/Winter Currents and Waves Newsletter is attached. OFFICE PAYMENTS We received 15,811 payments in September with 72 percent received via one of our electronic payment options. SOCIAL MEDIA / WEBSITE Four messages were posted on social media in September. Our website generated over 7,000 page views. Respectfully submitted, Lynn Schroer Customer Support Supervisor Fall/Winter 2026 Currents & Waves Funding Available for Private Lead Service Replacement Wisconsin Rapids Water Works and Lighting Commission (WWLC) is pleased to announce a generous grant donation from the Legacy Foundation to help eligible homeowners replace private- side lead service lines (LSLs). WWLC has partnered with Van Rite Plumbing to complete the lead service line replacements, with work scheduled to begin in 2027. Who May Qualify? Grant eligibility and funding levels will be based on household size and total household income. This funding will help eligible homeowners reduce the cost of replacing lead service lines on their property. Over the past several years, WWLC has been working to identify and document the material of every private water service in the city. Approximately 300 private services remain unidentified and may contain lead. If you received a letter or phone call from WWLC asking you to verify your water service and have not yet responded, please contact WWLC at 715-422-9045 to schedule an appointment. Verification is a quick, five-minute process, and completing it is essential in determining eligibility for available grant funding. What Happens Next? This winter, WWLC will contact homeowners whose private water service is known to contain lead and will: • Verify the homeowner’s potential funding level • Explain the replacement process • Answer all questions • Schedule appointments when applicable WWLC’s goal is to replace all private side lead service lines in the city before the 2037 deadline. Questions or need to verify your service? Contact Wisconsin Rapids Water Works and Lighting Commission at 715-422-9045. With the upcoming Holiday Season approaching, we would like to wish our customers a happy celebration. If you are looking for a last-minute holiday gift idea, consider a gift certificate from Water Works and Lighting Commission. We can mail your certificate to our customer indicating the monetary amount of your gift. Call or stop in our office for details. Water Works & Lighting Commission 221 16th St. S., P.O. Box 399 Wisconsin Rapids, WI 54495-0399 Office - 715.423.6300 Service Department - 715-423-6310 wrwwlc.com The Wisconsin Section of the American Water Works Association recently held its 40th Annual Drinking Water Taste Test competition in Madison, in conjunction with their annual conference. Water Works and Lighting Commission competed against groundwater and surface water public utilities and took 1st Place for the Best-Tasting Tap Water in Wisconsin. The utility will now submit a sample at the Annual AWWA conference in San Diego on June 13-16, 2027, to represent Wisconsin. We are very proud of the effort our Water Department puts forth, starting with our Filter Plant Operators and finishing with our Distribution Operators who make sure the water reaches the customer. The utility strives every day to make sure the City of Wisconsin Rapids receives the best water quality possible. OUR EASIEST PAYMENT OPTION Automatic Bill Payment Have you ever forgotten to pay your bill by the due date? Sign up for our easy and safe automatic bill payment option and you will never have to worry about remembering a due date again! By setting up recurring payment from your checking or savings account, you can be certain your bill is always paid on time. Sign up online at https://www.wrwwlc.com/form/ach.php, stop in or office, or just call us at 715-423-6300 and we will mail you a form. If you have a hydrant near your property, consider adopting it for the winter and clear the snow around it. Heavy snow makes finding and accessing a fire hydrant very difficult for firefighters. When there is an emergency, every second counts! Water Works and Lighting Commission 221 16th Street S, P.O. Box 399 Wisconsin Rapids, WI 54495-0399 (715) 423-6300 4.8 Director of Engineering and Metering’s Report September 2026 Good News and Gratitude Job well done to all involved in making the Lobby Remodel project come to life. Great teamwork all around from the electric work being performed in house by the Electric Metering department, lobby display screens built by Tyler and the IT department, retaining walls and streetlights being installed jointly by the Electric and Water crews. Noteworthy Outages One momentary outages analyzed in September. 1. West Rural Mid-Line Recloser 106S momentary at 09:41:26 on 09/20/2026 a. Overcurrent and interrupting devices operated as intended b. No direct cause identified West Wisconsin Rapids Wholesale Power Meter Upgrade Issued prints for construction for the upgrade of the two Wholesale Power Meters at West Wisconsin Rapids Substation. In addition to Great Lakes Utilities (GLU) reading these new meters for Wholesale Power, Alliant Energy (Alliant) and Wisconsin Public Service (WPS) will also read these meters as a Local Balancing Authority (LBA) tie. The Electric Metering department is doing the construction for this project in house. A joint checkout of the new meters is scheduled with Alliant/GLU/WPS for Tuesday, October 13th. High School Substation Upgrade Continued working with Forester Engineering on site layout and physical design package for the switchgear. Forester Engineering to continue working on bid documents to have switchgear pack age ready to send out for bids in mid October with bids due back on December 1st. The Certificate of Authority for this project is scheduled to be deliberated during the Thursday, October 8th Public Service Commission’s 10:30 AM meeting. RP3 Application Final submittal for RP3 application completed on September 17 th. American Public Power Association will review applications during the month of October. Follow-up questions for clarifications will be sent out after review in November with final reviews completed and scores awarded before the end of the year in December. Owen Yenter, P.E. Director of Engineering and Metering Water Works and Lighting Commission 221 16th Street S, P.O. Box 399 Wisconsin Rapids, WI 54495-0399 (715) 423-6300 4.9 Chief Financial Officer Report September 2026 Financial Reports Included in your packet are August’s interim financial statements. Both utilities reported strong results for the month. The electric utility increased operating income by $398,268 in the current month, bringing 2026 operating income to $1,436,770. The water utility recorded August net income of $312,816, bringing its year-to-date operating income to $466,653. Purchased power costs remain higher than in previous years. Our power supply costs include energy, demand, power cost adjustment (PCA), and transmission charges. As shown below, the wholesale purchased power cost per kWh has increased over the past five years. Water utility sales are up 3.5%, with increases across all customer classes except industrial sales, which are 4% lower. The increase in rent from water property relates to leases with cellular providers on the water towers. Before last year, rent payments were received consistently, but one company has experienced recurring payment issues. Beginning in late 2025, we started issuing invoices and accruing the related revenue rather than recognizing revenue when the payment was received. September generated positive cash flow of $410,327 for the month, bringing year-to-date cash flow to a positive $344,657. This result is comparable to the positive year-to-date cash flow of $348,525 reported for the same period in 2025. 7.3 7.81 7.81 8.09 8.7 6.5 7 7.5 8 8.5 9 2022 2023 2024 2025 2026 (through Aug) Purchased Power Costs in Cents per kWh WPUI Programming On September 22, WPUI presented the online program “Grid Under Pressure: Deep Dive – Affordability, Nuclear and Environmental Nexus.” Speakers discussed steps utilities are taking to protect customers from cost increases associated with rapid demand growth from data centers, as well as the potential for growth in nuclear generation. The nuclear speakers noted that when a data center project is paired with a proposed nuclear power plant, the data center has become the more contentious part of the plan. 2027 Budget The approved budget was sent to the City on September 28, ahead of the October 1 ordinance deadline. We have not yet heard back on a date to present to the Council, but will be ready to discuss the budget when a date is set. Respectively submitted, Jeff Kuhn Jeff Kuhn Chief Financial Officer Cash Receipts: Utility Receipts, Net of Returns 4,603,461$ 36,468,287$ 34,780,908$ Interest and Dividends 168$ 3,186$ 2,971$ Transfer from Investments 4,276,553$ 2,385,157$ ATC Dividend Payment 590,476$ 562,341$ Total Cash Receipts 4,603,629$ 41,338,502$ 37,731,377$ Disbursements AP Payments (1,191,981)$ (15,655,329)$ (13,990,102)$ GLU Power Bill (2,464,135)$ (17,473,262)$ (16,309,327)$ Transfer to Investments (250,000)$ (2,890,000)$ (2,204,963)$ ATC - Voluntary Capital Call (1,085,899)$ (894,097)$ Sales Tax Payment (47,409)$ (392,064)$ (550,626)$ Payroll (234,110)$ (3,453,704)$ (3,389,319)$ Service Fees (5,667)$ (43,587)$ (44,419)$ Total Disbursements (4,193,303)$ (40,993,846)$ (37,382,851)$ Net Cash Flow 410,327$ 344,657$ 348,525$ Prior Year to Date Wisconsin Rapids Water Works and Lighting Commission Cash Flow Summary for Month Ending September 30, 2026 Current Month Year to Date Electric Water Total Electric Water Total Electric Water Total Charges for Services 22,296,716$ 3,026,805$ 25,323,522$ 21,186,036$ 2,925,304$ 24,111,341$ 5.2% 3.5% 5.0% Other Operating Revenues 382,540 1,322,132 1,704,672 382,695 1,335,350 1,718,044 (0.0%) (1.0%) (0.8%) Total Operating Revenues 22,679,256$ 4,348,937$ 27,028,193$ 21,568,731$ 4,260,654$ 25,829,385$ 5.1% 2.1% 4.6% Purchased Power 15,642,883$ -$ 15,642,883$ 14,517,115$ -$ 14,517,115$ 7.8% 7.8% Other Operating Expenses 2,912,176 2,480,606 5,392,781 2,875,365 2,351,436 5,226,801 1.3% 5.5% 3.2% Depreciation Expense 1,702,428 699,679 2,402,107 1,650,219 680,114 2,330,333 3.2% 2.9% 3.1% Taxes Expense 986,000 702,000 1,688,000 952,000 640,000 1,592,000 3.6% 9.7% 6.0% Total Operating Expenses 21,243,487$ 3,882,284$ 25,125,771$ 19,994,699$ 3,671,551$ 23,666,250$ 6.2% 5.7% 6.2% Operating Income (Loss) 1,435,769$ 466,653$ 1,902,422$ 1,574,032$ 589,104$ 2,163,135$ (8.8%) (20.8%) (12.1%) Non-Operating Income 1,069,586 442,167 1,511,752 890,441 304,850 1,195,292 20.1% 45.0% 26.5% Interest Charges 230,863 - 230,863 103,893 - 103,893 122.2% 122.2% Other Non-operating Exp 247,799 75,052 322,851 233,822 71,201 305,023 6.0% 5.4% 5.8% Net Income (Loss) 2,026,692$ 833,767$ 2,860,460$ 2,126,759$ 822,752$ 2,949,511$ (4.7%) 1.3% (3.0%) Wisconsin Rapids Water Works and Lighting Commission Combined Utility Income Statement Year to date through August 2026 Current Year to Date Prior Year to Date % Increase (Decrease) Current Budget Year To Date Balance Prior Year to Date Balance 2 Years ago Year to Date Balance Current Year Remaining Budget Sales of Electricity Residential $12,414,300 $8,703,082 $8,581,017 $8,160,617 $3,711,218 General Service 4,852,400 3,181,315 3,269,942 3,128,080 1,671,085 Small Power- (demand up to 400 kW) 5,372,200 3,628,791 3,594,239 3,476,116 1,743,409 Large Power/Industrial - (demand over 400 kW) 6,382,200 4,031,008 4,116,812 4,067,772 2,351,192 Lighting 681,000 448,204 451,325 461,809 232,796 PCAC 2,039,700 2,304,316 1,172,701 673,453 (264,616) Total Sales of Electricity $31,741,800 $22,296,716 $21,186,036 $19,967,847 $9,445,084 Other Operating Revenues Reconnect Fees $29,000 $22,600 $19,655 $21,135 $6,400 Rent from Electric Property 306,500 299,834 300,225 291,689 6,666 Late Fees 98,000 57,502 59,600 55,296 40,498 Other Electric Revenues 1,500 2,604 3,214 3,069 (1,104) Total Other Operating Revenues $435,000 $382,540 $382,695 $371,189 $52,460 Total Operating Revenues $32,176,800 $22,679,256 $21,568,731 $20,339,036 $9,497,544 Operating Expenses Purchased Power Expense $22,028,847 $15,642,883 $14,517,115 $13,545,631 $6,385,964 Maintenance & Distribution Expense 1,934,000 1,487,245 1,391,039 1,168,683 446,755 Customer Accounts Expense 848,900 594,813 596,650 555,977 254,087 Advertising Expense 16,500 - 8,964 3,255 16,500 Administrative And General Expense 1,420,200 830,118 878,711 796,090 590,082 Depreciation Expense 2,531,100 1,702,428 1,650,219 1,572,791 828,672 Taxes Expense 1,442,100 986,000 952,000 1,088,000 456,100 Total Operating Expenses $30,221,647 $21,243,487 $19,994,699 $18,730,426 $8,978,160 Operating Income $1,955,153 $1,435,769 $1,574,032 $1,608,610 $519,384 Non-Operating Income and Expenses Merchandise and Jobbing $50,000 $11,163 $23,130 $64,322 $38,837 Interest and Dividend Income 1,456,200 871,132 761,981 700,918 585,068 Miscellaneous Non-Operating Income 145,000 187,290 105,331 106,872 (42,290) Total Non-Operating Income $1,651,200 $1,069,586 $890,441 $872,112 $581,614 Interest Charges $143,300 $230,863 $103,893 $110,388 ($87,563) Other Income Deductions $390,000 $247,799 $233,822 $306,545 $142,201 Net Income (Loss) $3,073,053 $2,026,692 $2,126,759 $2,063,789 $1,046,361 YTD Electric Income Statement For Period Ending August 31, 2026 Current Budget Year To Date Balance Prior Year to Date Balance 2 Years ago Year to Date Balance Current Year Remaining Budget Metered Sales of Water Residential Sales $2,087,400 $1,408,136 $1,388,060 $1,328,525 $679,264 Commercial Sales 800,200 549,831 540,639 496,255 250,369 Industrial Sales 684,200 439,082 458,795 431,993 245,118 Irrigation Sales 356,700 310,762 242,001 187,435 45,938 Multi-Family Residential Sales 237,000 164,942 156,616 153,105 72,058 Public Authority Sales 208,800 154,053 139,194 132,064 54,747 Total Sales of Water $4,374,300 $3,026,805 $2,925,304 $2,729,377 $1,347,495 Other Operating Revenues Private Fire Protection $57,300 $40,316 $38,064 $38,206 $16,984 Public Fire Protection 1,430,619 962,128 965,868 934,753 468,491 Forfeited Discounts 36,000 26,423 24,476 25,470 9,577 Miscellaneous Service Revenues 2,000 1,470 1,785 1,610 530 Rent From Water Property 89,000 68,754 50,980 63,055 20,246 Other Water Revenues 47,000 223,041 254,176 257,625 (176,041) Total Other Operating Revenues $1,661,919 $1,322,132 $1,335,350 $1,320,719 $339,787 Total Operating Revenues $6,036,219 $4,348,937 $4,260,654 $4,050,096 $1,687,282 Operating Expenses Source of Supply Expense $376,000 $390,313 $143,505 $41,914 ($14,313) Pumping Expense 305,200 249,217 215,710 208,847 55,983 Water Treatment Expense 756,800 501,142 535,980 503,001 255,658 Water Transmission/Distribution Expense 847,200 463,787 513,068 433,437 383,413 Customer Accounts Expense 196,800 227,795 233,703 212,485 (30,995) Sales Expense 100 - 100 23 100 Administrative And General Expense 1,055,800 648,352 709,370 675,548 407,448 Depreciation Expense 945,600 699,679 680,114 649,106 245,921 Taxes Expense 828,100 702,000 640,000 680,000 126,100 Total Operating Expenses $5,311,600 $3,882,284 $3,671,551 $3,404,360 $1,429,316 Operating Income (Loss) $724,619 $466,653 $589,104 $645,736 $257,966 Merchandise and Jobbing $2,000 $23,864 ($20,748) ($1,029) ($21,864) Interest and Dividend Income 350,800 291,722 230,158 206,751 59,078 Miscellaneous Non-operating Income 109,700 126,581 95,441 68,814 (16,881) Total Non-Operating Income $462,500 $442,167 $304,850 $274,535 20,333 Other Income Deductions $108,000 $75,052 $71,201 $102,173 $32,948 Total Net Income $1,079,119 $833,767 $822,752 $818,098 $245,352 YTD Water Income Statement For Period Ending August 31, 2026 Period Ending August 31, 2026 Period Ending August 31, 2025 Electric Utility Water Utility Combined Utilities Electric Utility Water Utility Combined Utilities ASSETS Utility Plant Utility Plant in Service $77,011,173 $52,530,932 $129,542,105 $74,765,921 $51,120,173 $125,886,094 Utility Plant in Service - Common 8,888,276 3,107,409 11,995,684 8,392,014 2,978,331 11,370,345 Property Held for Future Use 500 104,255 104,755 500 104,255 104,755 Construction Work in Progress 3,752,264 1,157,347 4,909,612 3,864,769 854,311 4,719,080 Total Utility Plant $89,652,213 $56,899,943 $146,552,156 $87,023,203 $55,057,070 $142,080,274 Less: Accumulated Depreciation Accumulated Depreciation ($35,800,899) ($22,504,708) ($58,305,607) ($33,906,720) ($21,434,850) ($55,341,570) Accumulated Depreciation - Common (7,205,662) (2,384,126) (9,589,788) (7,015,071) (2,223,456) (9,238,527) Total Accumulated Depreciation ($43,006,561) ($24,888,834) ($67,895,395) ($40,921,791) ($23,658,306) ($64,580,097) Net Utility Plant $46,645,653 $32,011,109 $78,656,761 $46,101,412 $31,398,765 $77,500,177 Current and Accrued Assets Cash $1,294,834 $1,098,303 $2,393,138 $592,882 $1,145,812 $1,738,694 Working Funds 690 - 690 690 - 690 Rate Stabilization Deposit 264,987 - 264,987 781,742 - 781,742 Temporary Cash Investments 411,901 351,098 762,999 560,341 447,022 1,007,363 Customer Accounts Receivable 4,256,491 823,178 5,079,669 4,176,259 778,725 4,954,984 Other Accounts Receivable 177,373 465,327 642,700 197,578 414,687 612,266 Receivable From Municipality 42,069 53,051 95,121 23,470 38,745 62,215 Notes Receivable - - - 500,000 - 500,000 Sewer Fee For Collections - 324,781 324,781 - 340,330 340,330 Plant Materials & Supplies 2,391,814 658,838 3,050,653 2,112,727 611,803 2,724,530 Stores Expense 89,715 (115,534) (25,819) 7,397 (34,040) (26,643) Prepayments 184,639 35,876 220,515 177,533 35,262 212,794 Interest Receivable - - - - - - Total Current and Accrued Assets $9,114,514 $3,694,919 $12,809,433 $9,130,619 $3,778,345 $12,908,965 Other Investments Depreciation Fund $5,353,027 $8,779,786 $14,132,813 $6,094,141 $7,848,212 $13,942,353 Other Investments 12,380,869 1,004,628 13,385,497 11,014,215 - 11,014,215 Other Special Funds 75 3,280 3,355 318,877 3,280 322,157 Total Other Investments $17,733,971 $9,787,695 $27,521,665 $17,427,233 $7,851,492 $25,278,724 Deferred outflows of Resources Unamortized Debt Disc & Expense $0 $0 $0 $243,016 $0 $243,016 Preliminary Survey & Investigation Charges 2,808 - 2,808 2,808 - 2,808 Clearing Accounts 22,301 18,184 40,485 (8,810) (21,521) (30,331) Deferred Outflows Related To Pension 1,240,347 734,897 1,975,244 1,706,978 1,060,210 2,767,188 Misc Deferred Debits 199,220 130,897 330,118 247,049 168,075 415,124 Total Deferred Outflows of Resources $1,464,676 $883,979 $2,348,654 $2,191,041 $1,206,764 $3,397,805 Total Assets and Deferred Outflows $74,958,813 $46,377,702 $121,336,515 $74,850,305 $44,235,366 $119,085,671 Wis Rapids WWLC Balance Sheet For Period Ending August 31, 2026 Period Ending August 31, 2026 Period Ending August 31, 2025 Electric Utility Water Utility Combined Utilities Electric Utility Water Utility Combined Utilities Wis Rapids WWLC Balance Sheet For Period Ending August 31, 2026 LIABILITIES Current and Accrued Liabilities Accounts Payable $3,354,408 $0 $3,354,408 $3,264,346 $0 $3,264,346 Payables To Municipality - - - - - - City Utilities Billed by Utility Payable to City - - - - (290) (290) Customer Deposits 644,022 - 644,022 646,325 - 646,325 Taxes Accrued 551,571 711,642 1,263,213 545,650 648,050 1,193,700 Interest Accrued 68,823 - 68,823 60,129 - 60,129 Tax Collections Payable 99,376 - 99,376 255,756 - 255,756 Misc Current And Accrued Liabilities 1,908,603 914,158 2,822,760 1,802,578 883,298 2,685,876 Total Current and Accrued Liabilities $6,626,803 $1,625,799 $8,252,602 $6,574,783 $1,531,058 $8,105,841 Long Term Debt Long Term Debt - Bonds $0 $0 $0 $2,360,000 $0 $2,360,000 PROPRIETARY CAPITAL Capital Paid In By Municipality $1,030,967 $798,819 $1,829,787 $1,030,967 $798,819 $1,829,787 Retained Earnings 65,915,275 42,181,455 108,096,730 62,539,515 40,824,613 103,364,128 Total Proprietary Capital $66,946,243 $42,980,274 $109,926,516 $63,570,483 $41,623,432 $105,193,914 Deferred Inflows of Resources Customer Advance For Construction $63,732 $0 $63,732 $29,350 $0 $29,350 Rate Stabilization & Public Benefits Liabilities 302,879 - 302,879 819,326 - 819,326 Unamortized Premium On Debt 0 - 0 23,140 - 23,140 Other Deferred Credits 1,019,157 1,771,628 2,790,785 1,473,224 1,080,876 2,554,100 Total Deferred Inflows of Resources $1,385,768 $1,771,628 $3,157,396 $2,345,040 $1,080,876 $3,425,916 Total Liabilities, Equity and Def Inflows $74,958,813 $46,377,702 $121,336,515 $74,850,305 $44,235,366 $119,085,671 Wisconsin Rapids Water Works and Lighting Commission Monthly Electric Purchases 2023-2026 - 10,000 20,000 30,000 40,000 50,000 60,000 70,000 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Electric Purchases - Demand by Month (kW) 2023 2024 2025 2026 - 5,000,000 10,000,000 15,000,000 20,000,000 25,000,000 30,000,000 35,000,000 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Electric Purchases by Month (kWh) 2023 2024 2025 2026 INSTITUTION FACE VALUE FACE VALUE & ACCRUED INT RATE/ YIELD MATURITY DATE DATE ACQUIRED TYPE Local Government Investment Pool (LGIP) 952,817.42 952,817.42 3.810% Prevail Bank 5,125,816.18 5,125,816.18 4.000% Ehlers Investments FIRST FOUNDATION BANK IRVINE (CA) 150,000.00 151,484.59 4.250% 10/7/2026 6/26/2025 CD FIRST CENTRAL CREDIT UNION WACO TEXAS 145,000.00 145,407.59 5.400% 10/13/2026 10/11/2023 CD ALLIANT CREDIT UNION CHICAGO 245,000.00 245,375.89 5.600% 11/20/2026 11/20/2023 CD FARMERS TR & SVNGS BANK (IA) 241,000.00 248,471.00 3.866% 11/24/2026 11/24/2025 CD HUGHES FEDERAL CREDIT UNION 248,000.00 248,037.37 5.500% 11/30/2026 11/29/2023 CD NOBLE FEDERAL CREDIT UNION 249,000.00 249,674.01 3.800% 12/4/2026 11/25/2025 CD COVANTAGE CREDIT UNION 247,000.00 247,000.00 3.850% 12/30/2026 12/17/2025 CD FULLERTON (CA) TAXABLE REFERENDUM BONDS 110,000.00 110,997.08 4.950% * 4/1/2027 2/1/2024 MUNI BOND NEVADA HOUSING DIVISION REV BONDS 150,000.00 153,635.94 4.875% 4/1/2027 3/12/2024 MUNI BOND LOS ANGELES (CA) SCHOOL DISTRICT GO BONDS 75,000.00 76,108.98 4.950% * 5/1/2027 2/26/2024 MUNI BOND WEST VIRGINIA STATE HOUSING DEV BONDS 350,000.00 357,228.57 4.990% 5/1/2027 6/18/2024 MUNI BOND LIGHTHOUSE FEDERAL CREDIT UNION 100,000.00 100,256.16 4.250% 6/30/2027 6/25/2026 CD ROCKLAND FEDERAL CREDIT UNION 200,000.00 200,000.00 4.300% 6/30/2027 6/25/2026 CD MASSACHUSETTS ST SPL OBLIG REV BONDS 145,000.00 146,111.67 4.322% * 7/15/2027 3/21/2025 MUNI BOND FISHERS (IN) ECONOMIC DEV BONDS 175,000.00 176,382.40 4.820% 8/1/2027 3/27/2024 MUNI BOND IOWA TAXABLE STATE REVOLVING GREEN BONDS 250,000.00 251,819.17 4.440% 8/1/2027 1/30/2025 MUNI BOND TEXAS STATE TAXABLE GO REF BONDS 290,000.00 297,209.72 4.222% * 10/1/2027 12/12/2024 MUNI BOND CLARK COUNTY (NV) TAXABLE GO BONDS 325,000.00 326,614.17 4.524% * 11/1/2027 12/27/2024 MUNI BOND USF FEDERAL CREDIT UNION TAMPA 249,000.00 249,741.88 3.750% 11/3/2027 10/31/2025 CD PITNEY BOWES BANK (UT) 150,000.00 152,027.88 3.550% 11/15/2027 12/1/2025 CD FIRST BANK CHICAGO 151,000.00 152,906.32 3.600% 11/26/2027 12/1/2025 CD MICHIGAN HOUSING AUTHORITY REV BONDS 105,000.00 106,335.58 3.848% * 12/1/2027 10/2/2025 MUNI BOND GULF SHORES (AL) GO TAXABLE BONDS 100,000.00 100,962.50 3.300% * 12/15/2027 3/28/2025 MUNI BOND TEXAS STATE GO WATER ASSISTANCE BONDS 200,000.00 201,261.62 3.849% * 2/1/2028 10/10/2025 MUNI BOND TOYOTA FINANCIAL SAVINGS BANK 245,000.00 249,644.93 4.000% 4/10/2028 4/10/2025 CD FEDERAL HOME LOAN BANK 350,000.00 352,994.44 3.549% * 4/26/2028 11/28/2025 US GOVT NEW YORK TAXABLE GO BONDS 260,000.00 263,222.92 3.750% * 6/1/2028 3/26/2025 MUNI BOND FISHERS (IN) ECONOMIC DEV BONDS 185,000.00 186,464.43 4.830% 8/1/2028 3/27/2024 MUNI BOND PENNSYLVANIA HOUSING AUTHORITY REV TAX BO 245,000.00 250,766.93 4.734% 10/1/2028 8/29/2024 MUNI BOND SOUTH DAKOTA HOUSING AUTHORITY TAX BONDS 350,000.00 356,886.70 4.754% 11/1/2028 2/20/2025 MUNI BOND LOUISIANA HOUSING AUTHORITY TAX BONDS 75,000.00 76,194.96 4.820% 12/1/2028 4/18/2024 MUNI BOND MICHIGAN HOUSING AUTHORITY REV BONDS 300,000.00 254,113.76 4.978% 12/1/2028 3/27/2024 MUNI BOND HENRY & WHITESIDE COUNTIES (IL) SCHOOL DIST 225,000.00 226,406.25 5.000% 2/1/2029 1/30/2025 MUNI BOND CFG COMMUNITY BANK (MD) 249,000.00 249,440.01 4.300% 4/13/2029 4/15/2025 CD US TREASURY 244,000.00 246,592.50 4.148% * 6/29/2029 6/3/2026 US GOVT NORTH CAROLINA HOUSING AGENCY TAX BONDS 350,000.00 354,146.41 4.792% 7/1/2029 6/21/2024 MUNI BOND SAN DIEGO SCHOOL DISTRICT GO TAX BONDS 100,000.00 100,980.24 3.965% 7/1/2029 9/19/2024 MUNI BOND FEDERAL HOME LOAN BANK 270,000.00 271,678.95 4.214% * 11/27/2029 6/3/2026 US GOVT US TREASURY 253,000.00 253,000.00 3.625% 4/30/2030 6/3/2026 US GOVT US TREASURY 250,000.00 254,027.68 3.875% 4/30/2030 4/30/2025 US GOVT FEDERAL HOME LOAN BANK 279,000.00 279,930.00 4.265% * 6/24/2030 6/3/2026 US GOVT FEDERAL HOME LOAN BANK 281,000.00 281,216.37 4.300% * 9/9/2030 6/3/2026 US GOVT GOLDMAN SACHS BANK 101,000.00 102,608.39 3.750% 10/28/2030 6/25/2026 CD MORGAN STANLEY BANK 200,000.00 203,041.10 3.750% 11/5/2030 6/25/2026 CD DREYFUS PREFERRED GOVT MM FUND 211,293.35 211,293.35 MM DREYFUS PREFERRED TREASURY FUND 399,842.30 399,842.30 3.340% MM 10,119,542.71 TOTAL INVESTMENTS 16,151,769.25 16,198,176.31 ACCOUNT BALANCES POST-JOURNAL ENTRY ELECTRIC BAL WATER BAL DEPRECIATION FUND (x.1261) 5,444,083.63 8,866,028.32 LEAD SERVICE REPLACEMENT FUNDS (2.1262) 1,007,620.92 TAX ESCROW FUND (x.1361) 367,229.86 358,930.89 GENERAL FUND (x.1365) 116,002.80 38,279.89 UTILITY BALANCES BY DIVISION 5,927,316.29 10,270,860.02 TOTAL UTILITY INVESTMENTS 16,198,176.31 Wisconsin Rapids Water Works & Lighting Commission 9/30/2026 Investment Report 4.10 Water Works and Lighting Commission 221 16th Street S, P.O. Box 399, Wisconsin Rapids, WI 54495-0399 (715) 423-6300 GENERAL MANAGER’S REPORT September, 2026 Lobby Reopening The WW&LC Lobby reopened on September 28th. I would like to thank all of our employees and contractors who helped make the project a success. A special thank you goes out to our IT and Office Staff who provided a seamless transition while handling all our customer service needs from a remote location. GLU BTM Solar Project The GLU BTM Solar Project Team continued to meet multiple times in September. One Energy had their drone conduct a topography study on September 28th. This will be used by their engineering department to complete the final layout design of the array. Red Run has cleared and dragged the inner 30 acres of the site and will be planting the winter wheat in the near future. Red Run will still have to chip and remove the brush piles on the South and North ends of the project; they have until the end of the year to complete this work. Marshfield continues to make progress on their 4 sites, as does Clintonville. Shawano is looking into a different location since their original site is no longer valid due to wetland issues and FFA approval. GLU Marshfield Energy Center Due to the rising costs of the turbine units, GLU is planning to scale down the size of the project. By reducing the size of the project by half, GLU could still move forward with this project and own about 50 MWs of capacity generation. This would allow GLU to have a more diverse portfolio which will allow them to consider other projects or purchase power agreements. Board approval for the project will need to take place before the end of the year in order to keep the project on track for a 2030 startup. . GLU Annual Meeting This is the last reminder of the Annual Joint GLU/UMMEG meeting which is scheduled for October 20th at the Radison Hotel in La Crosse. Currently I have John Bergin, Rick Merdan, and Jeff Penzkover scheduled to attend along with Owen, Jeff and me. The agenda is as follows: • 8am breakfast • 9am Introduction • 9:45am UMMEG and GLU Board Meetings • 11am Strategic Planning Partnership Discussion • Noon Lunch • 1pm to 4pm Speakers o NextEra – US Energy Market Outlook o Nicolet National Bank – Banking Security o LightShift Energy – Battery Storage o MEUW – Election Race Overview o Caterpillar Todd Weiler, P.E. General Manager