Finance & Audit Committee Meeting

    October 08, 2018
    01:00 PM
    ERCOT Austin Room 206
    7620 Metro Center Dr.
    Austin, TX 78744

    Agenda

    Item

    Topic

    Topic Type

    Presenter

    1.

    Call General Session to Order, Announce Proxies and Segment Alternates

    --

    Chair

    2.

    August 6, 2018 General Session Meeting Minutes

    Vote

    Chair

    3.

    Committee Education on Current Issues Confronting Finance and Audit Committees: The Finance Function in the Utility of the Future

    Discussion

    Russ Hissom, Baker Tilly

    4.

    Periodic Report on Credit Work Group Activity

    Discussion

    Donald Meek, CWG Chair

    5.

    Analysis of GreenHat Default in PJM Market

    Discussion

    Mark Ruane

    6.

    Credit Scenario Analysis

    Discussion

    Mark Ruane

    7.

    Letter of Credit Issuer Limits

    Discussion

    Mark Ruane

    8.

    Committee Briefs

    Discussion

    Staff

     
    8.1

    Review 2018 Financial Summary

    Discussion

    Sean Taylor

     
    8.2

    Periodic Report on Investments

    Discussion

    Leslie Wiley

    9.

    Annual Committee Self-Evaluation

    Discussion

    Chair

    10.

    Future Agenda Items

    Discussion

    Michael Petterson

    11.

    Other Business

    Discussion

    Michael Petterson

     

    Break

     

     

     

    Convene Executive Session

    --

    --

     

    August 6, 2018 Executive Session Meeting Minutes

    Vote

    Chair

     

    Periodic Report on Internal Audit Activity

    Discussion

    Penny Rychetsky

     

    Contract, Personnel, Security, Compliance, Risk Management, Litigation and Regulatory Matters

    Discussion

    Staff

     

    Recommendation Regarding Selection of ERCOT 401(k) Savings Plan Auditor

    Discussion

    Michael Petterson

     

    Reconvene General Session

    --

    --

    12.

    Vote on Matters from Executive Session

    Vote

    Chair

    13.

    Adjournment

    --

    Chair

     

     

    * The conclusion time shown on the Agenda is approximate.

    The meeting may conclude earlier or later than the noted time.

    Matters may also be taken out of Agenda order.

     

    The next regularly-scheduled F&A Committee Meeting is expected to be held on December 10, 2018 at 7620 Metro Center Drive, Austin, Texas.

     

    Additional Information

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    Scheduled Finance & Audit Meetings