Meeting · FINANCE_AUDIT

Finance and Audit Committee Meeting

Concluded date 2007-06-19 time 08:00–09:40 ercot.com

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

Agenda 19 items

1. Call to order ISO meeting — C. Karnei · 8:00am
2. Adjourn to Executive Session
2a. Approval of minutes (04/18/07) (05/04/07) (05/16/07) Vote — C. Karnei · 8:00am
2b. Internal Audit status report — B. Wullenjohn · 8:05am
2c. EthicsPoint update — B. Wullenjohn
2d. ERCOT credit review — C. Yager · 8:25am
Reconvene to General Session
3. Approval of minutes (05/16/07) Vote — S. Vincent · 8:35am
4. Vendor credit review — C. Yager · 8:36am
5. Finance & Audit Committee Charter approval Vote — S. Vincent · 8:40am
6. 6a. 2007 Year-end financial projection — M. Petterson · 8:45am
6b. Capital Project portfolio status — D. Troxtell
7. Briefing on preliminary 2008 budget schedule and assumptions — M. Petterson · 9:05am
8. Update on debt financing — C. Yager · 9:15am
9. Report of external auditor pre-approval status/limits — M. Petterson · 9:20am
10. Review the procedures for handling reporting violations — M. Petterson · 9:25am
11. Committee briefs (Q&A only) — All · 9:30am
12. Future agenda items — S. Byone · 9:35am
Adjourn ISO meeting · 9:40am