Item

Presenter

Time Allocated

Start Time

Call to Order

C. Karnei

8:00 AM

Approval of Minutes

October 18, 2005 -- Committee Meeting

C. Karnei

(5 min)

8:00 AM

         1.           

Audit Updates

·        SAS 70 report

·        Benefits Plan

S. Barry

(15 min)

8:05 AM

         2.           

Annual Policy/Standard Review

·        Financial - vote

·        Investment - vote

C. Yager

(15 min)

8:20 AM

         3.           

Committee Briefs

·        Internal Control Management Process (ICMP)

·        Audit Point Status

·        Credit Stats

·        ERM Stoplight

C. Moseley

C. Moseley

C. Yager

D. Meek

(10 min)

8:35 AM

         4.           

2005 Revenue/Fee Alternatives

M. Petterson

(10 min)

8:45 AM

         5.           

Nodal Funding Discussion

S. Byone

(15 min)

8:55 AM

         6.           

Other

·        Met Center update

·        Meeting time management

S. Byone

(5 min)

9:10 AM

         7.           

Next Finance & Audit Committee Meeting -- December 20, 2005

Agenda Items:

·     Audit Report Acceptance -- vote

o        SAS 70

o        Benefits

·     Committee Updates

·     Compliance Review

·     ABC Project Overview

·     2006 Finance Priorities

S. Byone

(5 min)

9:15 AM

Adjourn to Executive Session

C. Karnei

9:20 AM