FINANCE COMMITTEE

BOARD OF TRUSTEES

Northern Michigan University

Agenda for meeting of September 23, 2010

Closed Agenda

1. Investment Performance – Mr. Dave Wetzel, Fund Evaluation Group

· Review of Investment Management performance*

Open Agenda

2. Review and approval of previous minutes for July and September 9, 2010*

3. Audits – Ms. Jill Compton, Internal Auditor; Ms. Sandra Haavisto, Controller

· Open Issues Report* (Ms. Compton)

· Audit Plan* (Ms. Compton)

· Financial Statements – Year-ending June 30, 2009* (Ms. Haavisto)

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

· 2011-2012 State Operating Budget Request *

· 2010-2011 General Fund Operating Budget*

· 2010-2011 Designated Fund Operating Budget*

· ’97-’98 Bond Refinancing*

· Financial Indicators*

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

· Facilities 5-Year Master Plan Request / Capital Outlay Project Request*

· Fiscal Year 2010 Long-Term Maintenance Update* (Ms. Kathy Richards)

· Major Projects Facilities Update*

6. Other – Mr. Gavin Leach, Vice President for Finance and Administration

· Student Recreation Pass

· Finance and Administration Road Map to 2015 Update*

*Back-up information attached