Call to Order
The meeting was called to order at 9:00 am by President Kathryn Roberts.
1. Roll Call
  
  Present: President Kathryn Roberts, Vice President Stephen Tange, Director Peter Christoffersen
  
  Absent: Director Betsy Oltmann, Director Lori Tange
Public Comments
There were no public comments.
Consent Agenda
1. Approval of meeting minutes October-December 2024
Approval of December 17, 2024 Minutes. GM Larry Smith requested a change under the General Manager Report. "QTR 4" to "Calendar year QTR 4"
Director Peter Christoffersen motioned to approve. Vice President Stephen Tange seconded the motion.

The motion passed with the following vote:
3 In Favor Opposed
Abstained 2 Absent Recused
Treasury Report
Treasurer Bill Desjardin provided updates on consistent purchases of T-Bills and money market fund investments. Details of purchase price, date, and date of maturity were discussed. Yield to maturity average range was 4.3-4.5%. Balances for Live Oak were provided and reviewed. The first check for property income tax from the county was received during this quarter and we are expected to receive the catch-up check in August.
Budget Review for 2025/2026
GM reported on the preliminary budget. Actuals are projections based on reports ending in February of this year and are subject to change. Projected interest gain for 2025/2026 was discussed.
A new connection took place and there will potentially be 3 more this year.
Standby fees for the year were discussed as well as the potential for increase, which will be reviewed further at the next meeting.
Merchant fees were raised, including memberships, communications, and the required annual audit.
The CSD is looking to implement a Section 125 "Cafeteria" Plan and is consulting with an employee benefits expert on how to proceed.
STEP Tank inspection procedures were discussed including the frequency and how documentation is recorded.
Currently no need for new grinder pumps this year and no failures for QTR.
Review of Reserve Accounts
Water and sewer reserves were reviewed. All reserves except the capital reserve for water are 100% filled. Completion of capital reserves for both water and sewer is contingent on when the catch-up check is received. Funds will be used toward automations.
Communications/Subscriptions
Discussed AT&T to switch out the copper lines for a wireless system. The CSD is hopeful to avoid this transition as long as it is not enforced as copper lines work adequately in snow. Rates for AT&T have also increased.
The CSD office is in the final steps of switching from Digital Path to fiber optics provided by PSREC.
Admin Report Out
1. Admin to report on payroll software changes
  
  Admin discussed the possible need to transition bookkeeping software to online, as Quickbooks is phasing out the Desktop version. The switch would be financially beneficial as well as efficient for paying liabilities and filing tax documents.
  Changing payroll services was discussed. Both would take place at the beginning of the new fiscal year.
2. Biennial Conflict of Interest Code for 2024
  
  Admin reviewed the current Conflict of Interest policy with the board. No changes were made to the policy and signatures were obtained. Submission for the county is due in April.
3. Ethics Training for BOD
  
  The BOD is due for ethics training as well as the submission of form 700. Two forms have been received so far.
General Manager Report
Future Agenda Items
The next meeting will be closed during personnel evaluations. All other agenda items will be open.
Adjournment
Meeting adjourned at 9:59 AM.