1.

Call to order Executive Session

C. Karnei

7:30am

 2.

a.  Approval of executive session minutes (Vote) (03/18/08)

C. Karnei

7:30am

b.  Review of Internal Audit department charter

B. Wullenjohn

7:33am

c.  Internal Audit status report

B. Wullenjohn

7:40am

d.  Internal Audit staffing update

B. Wullenjohn

7:45am

e.  EthicsPoint update

B. Wullenjohn

7:50am

f.  Quality assessment of the Internal Audit department

L. Smith

7:55am

g.  Fixed assets update

S. Byone

8:15am

Recess Executive Session

8:20am

Convene General Session

 3.

Approval of general session meeting minutes (Vote) (03/18/08)

C. Karnei

8:20am

 4.

Follow-up review and finalization of recommendation on 2009 budget, proposed fees and financial performance measures (Vote)

     M. Petterson/    S. Byone

8:20am

 5.

Update on annual financial audit (Vote)

M. Petterson

8:40am

 6.

Credit work group update

C. Yager

8:55am

 7.

Treasury update                                             

  -  Quarterly investment result

  -  Other

C. Yager

9:00am

 8.

Committee Briefs (Q&A only)

All

9:10am

 9.

Future agenda items

S. Byone

9:15am

Adjourn ISO meeting

C. Karnei

9:15am