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REMA Finance Managers Summer Conference

 Export to Your Calendar 8/22/2018 to 8/24/2018
When: August 22-24, 2018
See event details.
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Inn on Lake Superior
350 Canal Park Dr.
Duluth, Minnesota  55802
United States
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REMA Finance Managers Conference
August 22-24, 2018 (W 1-4:00, Th  8:30-5:00, F  8:30-11:30)
The Inn on Lake Superior, Duluth, MN
THEME: Northern Exposure

Pre-Conference class
Tues. Aug. 21 (1-4pm) and Wed. Aug. 22 (8-noon):
Rate and Cost of Service Workshop

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Twice each year, the REMA section of Finance Managers meets so that Finance, Accounting, Office Managers and Human Resource and Benefit Administrators from Minnesota and Wisconsin can gather and discuss the topics relevant to the current issues.

 

Speakers are brought in to present things from benefits to budgeting within the cooperative industry.

 

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DOWNLOAD BROCHURE
 

Wednesday, August 22, 2018

Finance Manager’s Conference

12:30       Registration

 

1:00         Intros by Corey Hintz & Barb Bee

 

1:10         Emotional Intelligence – Lee Earhart, Regional Manager Eastern Region, CoBank

 

2:00         What does Beneficial Electrification mean for electric utilities? – David Ranallo, Great River Energy

              

2:30         Networking Break

 

2:50         IT Security Update – Mark Eich, CliftonAllenLarson

 

4:00        Adjournment

 

6:30         Group Activity – "The Music and Pizza Train" on the North Shore Scenic Train (http://northshorescenicrailroad.org)

-9:00         A 2-1/2 hour trip up the North Shore with pizza and fun for all ages! One 8" Domino's Pizza plus soda included with every ticket.

The first part of the ride is narrated as we pass by all the sights of Duluth, on the way back jam out in the concession car with live music from local musicians. Beer and wine will be available.
Please arrive 20-30 before the 6:30 departure time.
Click HERE for directions to the train (506 W. Michigan Street).

 

 

Thursday, August 23, 2018

7:45         Breakfast

              

8:30         Electric Vehicle Panel: How to Position Your Co-op

o   Stephanie Pederson, Energy Services Rep, Dakota Electric Association

o   Jennifer Beaudette, Barron Electric – bringing an EV!!

o   Stearns Tesla Road Trip – Amanda Groethe & Whitney Ditlevson, Stearns Electric Association

 

9:30         Bridging Engineering/Ops & Finance in the Co-op – Anthony Stern and Ryan Nelson, Kandiyohi Co-op Power

 

10:00       Networking Break

 

10:20       KRTA Focus on A Few Key RatiosMarcelo Moraes, Sr. Consultant, Financial Advisory Services, CFC

 

11:30       Areas of Exposure: Internal Control Best Practices – Aaron Clayton (Partner) or Eric Hansen (Manager of Forensic Accounting), Eide Bailly

 

12:00        LUNCH

 

1:00         Pole Attachments: Formulas, Contracts & Legalities – Comparing MN & WIKristi Robinson, STAR Energy and Steve Freese, WECA

 

1:45 to 4:00 Open Forum Topics - Large Group Discussions: We are changing up the format again this time! The open forum will be held together in one room. Each topic will be 35-40 minutes. Group leaders will vary (see below) and will also plan questions or talking points to lead discussions. Attendees are also encouraged to bring ideas and examples to share on each topic. Unless otherwise invited, this session will be limited only to electric co-op staff.

 

1.     1:45 - Open Forum Budget Processes at Your Co-op (Group Leaders: Lisa Prachar & Corey Hintz)

 

2.      2:20 - Concurrent Open Forum Board Member Engagement Tips (Group Leaders: Mike Henke & Anthony Stern & Robyn Sonstegard)

3:00      Networking Break

 

3.      3:20 - Handling of Capital Credits (Group Leaders: Linda McAley & Heather Gerber)

 

4:00  Convene into State Breakout Sessions

               1A. Minnesota Session – MN President Corey Hintz

               Possible Topics?

-        Property Tax Status?

-        CIP  

               1B. Wisconsin Session – WI President Barb Bee

               WECA Update – Steve Freese

 

5:00          Adjournment  On Your Own Activity Brewery Tours, Bike Tours, Kayaking – here is a great site for getting out and seeing Duluth! http://www.theduluthexperience.com/duluth-adventure-tours/

 

 

Friday, August 24, 2018

 

7:45         Breakfast

 

8:30         RUS Update – Robyn Jensen, Rural Utilities Service

              

9:15         Featured Co-op: Connexus Energy

 

10:00       Networking Break

 

10:20      Increased Value of Drones for Utilities

               Mille Lacs Energy Application of Drones – Darshan Christy, Drone Operator

               Legal & Regulatory Aspects – Thad Lightfoot, Attorney, Dorsey & Whitney, LLP


11:00    Ready or Not, Here Comes Generation Z - Josh Miller, XYZ University Gen Z (born 1996-2009) is about to step into the limelight and they are nothing like their Millennial elders. The first gen­eration of the 21st Century came of age during the most disruptive decade of the last century and their arrival marks the end of clearly defined roles, traditions and experiences. Learn how these shifts are likely to impact your future and what organizations will need to do to prepare for Z and engage them as employees and members.  https://goo.gl/JQ4sKD

 

12:00       Evaluations & Drawings & Adjournment

 


Hotel Information
Inn on Lake Superior, 350 Canal Park Drive, Duluth, MN  55802
When making your reservation, please call 218-726-1111 and ask for the
REMA Financial Managers discounted rates.
Online reservations can be made using Group ID 7356, Password 37000209.

$156.99/night+tax  Standard Poolside
$161.99/night+tax  Cityview
$166.99/night+tax  Bridgeview
$174.99/night+tax  Standard Lakeview
$179.99/night+tax   Lakeview Suites
Room block will be released on July 22, 2018.


About the Rural Electric Management Association (REMA)
For more information about REMA visit http://www.mrea.org/electric-utility-industry-training/rema/

DIST

Name/Office

Co-op

Term Began

Re-elected/Notes

Term Ends

Financial Managers (April) Officers will be selected at May planning meeting. MREA Rep: Director of Education & Communication

1

Robyn Sonstegard, Director

North Star Electric Co-op, Inc.

2017

 

2020

2

Carol Kyar, Director

Mille Lacs Electric Co-op

2018

2021

3

Anthony Stern, Vice President

Kandiyohi Power Cooperative

2016

 

2019

4

Lisa Prachar, Secretary/Treasurer

East Central Energy

2017

 

2020

5

Susan Noyes, Director

McLeod Co-op Power Assn

2018

 

2021

6

Mike Henke, Director

People’s Energy Cooperative

2016

 

2019

7

Corey Hintz,Chair

Dakota Electric Assn

2017

 

2020

Wisconsin FM Board (annual August elections)

 

Barb Bee, President

Pierce-Pepin Cooperative Services

2017

 

 

 

Linda McAley, Vice President

Clark Electric Cooperative

2017

 

 

 

Heather Gerber, Secretary/Treasurer

Polk-Burnett Electric Co-op

2017

 

 

 




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