FINANCE COMMITTEE

BOARD OF TRUSTEES

Northern Michigan University

Agenda for meeting of September 29, 2011

Closed Agenda

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

Open Agenda

2. Review and approval of previous minutes for July 13, 2011 and September 9, 2011

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

· Open Issues Report (Ms. Compton)

· Financial Statements – Year-ending June 30, 2011 and SAS Letter (Ms. Haavisto)

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

· 2011-2012 General Fund Operating Budget

· 2011-2012 Designated Fund Operating Budget

· Financial Indicators

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

· Jamrich Hall Project – Status Update

· Dome and Biomass Cogeneration Project Updates

· Major Projects Facilities Update

· Fiscal Year 2012 Long-Term Maintenance Update (Ms. Kathy Richards)

· Facilities Five-Year Master Plan Request / Capital Outlay Project Request

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

· Finance and Administration Road Map to 2015 Update