Call to Order

D. Hayslip

7:30 AM

1.

Approval of August 16, 2005 Minutes

D. Hayslip

(5 min)

2.

Financial

• 2004 Management Recommendation by PwC

 S. Barry

(10 min)

3.

SAS 70 Update by PwC

S. Barry

(10 min)

4.

2006 Budget recommendation

M. Petterson

(25 min)

5.

Credit Update

• Report on TNT Credit
• Current updates on Credit
  • Credit & Collateral Report on QSE’s
  • Overview of Credit/Collateral Process

C. Yager

C. Yager

(15 min)

(20 min)

6.

Capitalized Project Update

R. Connell

(15 min)

7.

Enterprise Risk Management (ERM)

S. Byone

(10 min)

8.

Internal Control Management Process (ICMP)

S. Byone

(5 min)

9.

Future Agenda Items

• ICMP Implementation Plan
• ERM Program Review
• TAC Task Force update

R. Bowman

(5 min)

Next Finance & Audit Committee Meeting -- October 18, 2005

Adjourn to Executive Session

D. Hayslip

9:30 AM