Finance Committee

The Finance Committee (FC) regularly reviews PJM’s consolidated financial statements, budgeted and actual capital costs as well as operating budgets and expenses. In an advisory capacity, it submits to the PJM Board of Managers its analysis of and recommendations about PJM’s annual budgets, amended budgets and other matters related to the appropriate level of PJM’s rates. A full description of the committee’s purpose is available in section 7.5 of the Operating Agreement WEB | PDF.

The Finance Committee is comprised of non-voting PJM employees as chair and secretary, two non-voting members from the PJM Board and two voting members from each of the five member sectors. The members of the Finance Committee are available in the roster PDF.

Chair: Lisa Drauschak
Secretary: Jim Snow

During the meeting, if you are experiencing issues with connectivity or teleconference, please contact Meeting Support. For registration issues, contact PJM.

Roster PDF

Topics

In 2006, the Finance Committee and PJM adopted the Financial Reporting & Communications Protocol PDF to establish the minimum level and frequency of financial reporting to the Finance Committee. Based on this protocol, PJM posts the agendas and minutes for Finance Committee meetings on this page and emails meeting materials to all Finance Committee members and other PJM members registered to attend Finance Committee meetings.

The annual work plan outlines how PJM complies with this protocol as well as when Finance Committee topics are discussed.

Work Plan: 2025 PDF

Additional Resources

• Budget Process & Finance Committee Recommendations
• Financial Reporting
• Administrative Cost Rates:
  PJM | PJM Settlement
• Pass-Through Rates