Addendum #4

FINANCE COMMITTEE

BOARD OF TRUSTEES

NORTHERN MICHIGAN UNIVERSITY

Report of meeting held June 21, 2010

A conference call meeting of the Finance Committee of the Board of Trustees was convened at 10:35 a.m., Monday, June 21, 2010, in room 602 Cohodas Hall by Mr. Stephen F. Adamini, Chair.  Also present at the meeting were:

            Mr. Brian Cloyd – Board of Trustees Member and Committee Member (via phone)

Mr. Larry Inman – Board of Trustees Member and Committee Member (via phone)

Dr. Douglas B. Roberts – Chair of the Board of Trustees and ex officio (via phone)

Mr. Jon G. LaSalle – Board of Trustees Member

Dr. Leslie E. Wong – President and ex officio

            Mr. R. Gavin Leach – Vice President for Finance and Administration and Treasurer of the Board of Trustees

            Ms. Sherri A. Towers – Budget Director

            Ms. Cindy Pohlman – Senior Financial Analyst

OPEN AGENDA

Mr. Leach gave a report on the current status of the state and university budgets and tuition rates from other state universities.  There was open discussion and questions related to tuition and fees scenarios for fiscal year 2011-12.

The conference call/meeting was adjourned at 11:32 a.m.