Call to Order

C. Karnei

3:00 PM

1.

Approval of March 15, 2005 Minutes

C. Karnei

(5 min)

2.

Financial

• Quarterly analysis of Budget vs. Actual (estimated year end)*

M. Petterson

(10 min)

3.

Budget Process and Fee Filing

D. Kasper

(10 min)

4.

Audit Updates

• Financial Audit
• Internal Audit Plan for 2005

S. Barry
E. Ettorre

(10 min)
(5 min)

5.

Large Project Update

• (2) Large projects in planning

R. Connell

(10 min)

6.

Future Agenda Items

• Insurance Review -- Insurance consultant
• Compliance Review -- Content and Time
• Closing disputes related to 2001, 2002
• Building Lease/Purchase decision

T. Schrader
R. Bowman

(10 min)

7.

Next Finance & Audit Committee Meeting -- May 17, 2005

Adjourn to Executive Session (Personnel Issues, Contract Approval, Settlement Proposal)

C. Karnei

4:00 PM