FINANCE COMMITTEE

BOARD OF TRUSTEES

Northern Michigan University

Agenda for meeting of December 11, 2014

Closed Agenda

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

· Review of Investment Management performance

Open Agenda

2. Audits

· Internal Audit  – Ms. Jill Compton, Internal Auditor

§ Open Issues Report

§ Audit Plan

· External Audit – Mr. William Sheltrow, CPA – Anderson, Tackman & Company, p.l.c.

§ Letter to Board of Trustees (Internal Control, Governance)

§ CPB – Audit of WNMU-TV and WNMU-FM Financial Statements

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

· Budget / Key Indicators Update

· English Language Institute courses

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

· Facilities Five-Year Master Plan

· Major Facilities Projects Update

· Temporary Liquor Licenses

5. Other