FINANCE COMMITTEE

BOARD OF TRUSTEES

NORTHERN MICHIGAN UNIVERSITY

Agenda for meeting of September 20, 2012

Closed Agenda

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

· Review of investment management performance*

Open Agenda

2. Audits

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

§ Audit Open Issues Report

§ Financial Statements – Year-ending June 30, 2012 and SAS Letter

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

· 2012-2013 General Fund Operating Budget

· 2012-2013 Designated Fund Operating Budget

· Key Indicators

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

· New Academic Building – Status Update

· Biomass Cogeneration Project Update

· Major Projects Facilities Update

· Fiscal Year 2013 Long-Term Maintenance Update (Ms. Kathy Richards)

· Facilities Five-Year Master Plan Request

5. Other

· Contract Signing Authority

· Staffing Update