Meeting · FINANCE_AUDIT

Finance and Audit Committee Meeting

Concluded date 2006-10-17 time 07:45–10:00 ercot.com

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

Agenda 18 items

1. Call to Order — C Karnei · 7:45 a.m.
2. Adjourn to Executive Session · 7:45 a.m.
Review Draft 2007 Internal Audit Plan — B Wullenjohn · 7:45 a.m.
Significant Audit Findings — B Wullenjohn · 8:05 a.m.
EthicsPoint Update — C Vance · 8:15 a.m.
Reconvene to General Session · 8:20 a.m.
3. Approval of Minutes* (09/19/06) (10/05/06) Vote — C Karnei · 8:20 a.m.
4. Review and approval of 2007 Operating Budget Vote — M Petterson · 8:25 a.m.
5. Treasury and Credit Update — C Yager · 8:50 a.m.
Quarterly Investment Statistics
Credit Insurance
6. Discussion on Materiality Levels — M Petterson · 9:05 a.m.
7. Regulatory Accounting Discussion — M Petterson · 9:15 a.m.
8. Committee Briefs (major changes/Q&A) — All · 9:25 a.m.
Financial Update — M Petterson
PMO — D Troxtell
9. Future Agenda Items/Other Topics — S Byone · 9:50 a.m.
10. Adjourn · 9:55 a.m.