Agenda Item #

Description/Purpose/Action Required

Presenter

Time

Call to Order

C Karnei

7:30 a.m.

1.       

Approval of Minutes* (Vote) (04/18/06; 04/26/06, 05/05/06)

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.