Meeting · FINANCE_AUDIT

Finance and Audit Committee Meeting

Concluded date 2006-05-16 time 07:30–10:00 ercot.com

LocationERCOT Austin 8000 Metropolis (Building E), Suite 100 Austin, TX 78744 168

Agenda 23 items

1. Approval of Minutes* (04/18/06; 04/26/06, 05/05/06) Vote — C Karnei · 7:30 a.m.
2. Credit Update — M Davies · 7:35 a.m.
3. Quarterly Investment Results — C Yager · 7:55 a.m.
4. Nodal Surcharge Filing Status — S Byone · 8:00 a.m.
5. 2006 Fee Filing Update — M Petterson · 8:05 a.m.
6. 2006 Forecast — M Petterson · 8:15 a.m.
7. 2007 Budget Planning Assumptions Review — M Petterson · 8:25 a.m.
8. Committee Briefs · 8:50 a.m.
- Compliance Update — D Meek
- Risk Stop Light Changes — D Meek
- Large Project Update ? MOMS — D Troxtell
- Q & A — All
*Credit Statistics
*Audit Points
*Project Status
9. Finance Goal Performance and Staffing Review — S Byone · 9:00 a.m.
10. Adjourn to Executive Session · 9:05 a.m.
- Review and Approval of New Internal Audit Charter — B Wullenjohn
- Proposed Changes to Annual Audit Plan — B Wullenjohn
- Timing for Quality Assurance Review — B Wullenjohn
- Significant Audit Findings — B Wullenjohn
- Ethics Point — B Wullenjohn · .
Adjourn · 9:55 a.m.