FINANCE COMMITTEE

BOARD OF TRUSTEES

NORTHERN MICHIGAN UNIVERSITY

Agenda for meeting of April 30, 2009

1. Review and approval of previous minutes – December 11, 2008* (CAR)

Closed Agenda

2. Investment Performance

· Review of investment performance* – Mr. David Wetzel, Fund Evaluation Group (via video conference or conference call)

Open Agenda

3. Audits

· Internal Audits – Ms. Jill Compton, Internal Auditor

§ Audit Issues Report* (CAR)

4. Budgets – Mr. Gavin Leach, Vice President for Finance and Administration

· 2009-2010 Auxiliary Operations Budget* (CAR)

· 2009-2010 Student Life Budget* (CAR)

· 2009-2010 Dining Services and Housing and Residence Life Rate Schedules* (CAR)

· 2009-2010 Continuing General Fund Base Budget (CAR)

· 2009-2010 Continuing Designated Fund Base Budget (CAR)

· Fiscal Year 2009 General Fund Base Budget Update*

· Key Indicators*

5. Capital Outlay – Mr. Gavin Leach, Vice President for Finance and Administration

· Bond Series 2008 Project List Update (CAR)

6. Other

· Cosmetology Course Fee – COS 111 (CAR)

· Bowling Course Fee – HP 211 (CAR)

· Extension of Reduction In Force Plan* (CAR)

· Identity Theft Prevention Program* (CAR)

· Line of Credit

· Finance and Administration Division Roadmap Update*

(CAR) = Committee Action Required

*Back-up information attached