FINANCE COMMITTEE

BOARD OF TRUSTEES

Northern Michigan University

Agenda
Thursday, April 28, 2022

4:00 - 4:30 p.m.

Northern Center, Scott L. Holman Executive Conference Room

Open Agenda

1. Audits

· Internal Audits – Ms. Jill Compton, Internal Auditor

Audit Open Issues Report

· External Audits – Mr. Jamie Beauchamp, Controller

Professional Services Plan / Engagement Letter for Fiscal Year 2022-23 – Rehmann

2. Room and Board Rates for Fiscal Year 2023 –  Mr. Gavin Leach, Vice President for Finance and Administration

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

· 2022-2023 Continuing Auxiliary Operations Budget

· 2022-2023 Continuing Housing and Residence Life Budget

· 2022-2023 Continuing General Fund Base Budget

· 2022-2023 Continuing Designated Fund Base Budget

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

· Projects over $250,000 and Sale of 1440 Center Street, Marquette – Kaye House

· Temporary Liquor Licenses