Meeting · FINANCE_AUDIT
Finance & Audit Committee Meeting
LocationERCOT Austin 8000 Metropolis (Building E), Suite 100 Austin, TX 78744 Boardroom A
Agenda 32 items
- Convene General Session · --
- 1. Call General Session to Order · Chair
-
2.
Notice of Public Comment, if Any
— Discussion
· Chair
- 2 Notice of Public Comment, if Any · Legal filings and governance
-
3.
December 2, 2024 General Session Meeting Minutes
— Vote
· Chair
- 3 December 2, 2024 FA General Session Meeting Minutes · Meeting Minutes
- 4. Annual Charter Review and Approval · --
-
4.1
Review of Committee Charter
— Discussion
· Chair
- 4.1 Review of Committee Charter · Legal filings and governance
-
4.2
Internal Audit Department Charter
— Vote
· Penny Rychetsky
- 4.2 Internal Audit Department Charter · Legal filings and governance
- 5. Annual Policy Review · --
-
5.1
Handling of Complaints Regarding Financial Matters
— Discussion
· Richard Scheel
- 5.1 Handling of Complaints Regarding Financial Matters · Official Guides and Manuals
-
5.2
Policy on Hiring Former Employees of the Independent Auditor
— Discussion
· Richard Scheel
- 5.2 Policy on Hiring Former Employees of the Independent Auditor · Legal filings and governance
-
5.3
Policy on Independent Auditor Selection
— Discussion
· Richard Scheel
- 5.3 Policy on Independent Auditor Selection · Legal filings and governance
- 6. Annual Risk Assessments · --
- 6.1 Forecast Adequacy of the Budgeted System Administration Fee Rate — Discussion · Richard Scheel
- 6.2 Review of Financial Institutions that are Market Participants — Discussion · Leslie Swanson
- 7. Annual Corporate Standards Review and Approval · --
-
7.1
Recommendation regarding Financial Corporate Standard
— Vote
· Leslie Swanson
- 7.1 Recommendation Regarding Financial Corporate Standard · Committee Report
-
7.2
Recommendation regarding Investment Corporate Standard
— Vote
· Leslie Swanson
- 7.2 Recommendation Regarding Investment Corporate Standard · Committee Report
- 8. Committee Briefs · --
-
8.1
Review 2024 Financial Summary
— Discussion
· Richard Scheel
- 8.1 Review 2024 Financial Summary · Staff Report
-
8.2
Periodic Report on Investments
— Discussion
· Leslie Swanson
- 8.2 Periodic Report on Investments · Staff Report
-
8.3
Periodic Report on Debt Compliance
— Discussion
· Leslie Swanson
- 8.3 Periodic Report on Debt Compliance · Staff Report
-
9.
Future Agenda Items
— Discussion
· Richard Scheel
- 9 Future Agenda Items · Meeting Agenda
- 10. Other Business — Discussion · Chair
- Break · --
- Convene Executive Session · --
- December 2, 2024 Executive Session Meeting Minutes — Vote · Chair
- Risk Management and Other Matters Authorized for Consideration in a Closed Meeting pursuant to Government Code Chapter 551 — Discussion · Staff
- Annual Certification of Internal Controls — Discussion · Pablo Vegas
- Periodic Report on Internal Audit Activity — Discussion · Penny Rychetsky
- Reconvene General Session · --
- 11. Vote on Matters from Executive Session — Vote · Chair
- 12. Adjournment · Chair
Documents 2
| Name | Doc Type | Type | Posted |
|---|---|---|---|
| 0 February 3, 2025 FA General Session Agenda | Meeting Agenda | Jan 27 '25 | |
| February 3, 2025 FA General Session Meeting Minutes | Meeting Minutes | Apr 30 '25 |