FINANCE COMMITTEE

BOARD OF TRUSTEES

Northern Michigan University

Thursday, September 22, 2022

4:30 – 5:00 p.m.

Northern Center

Scott L. Holman Executive Conference Room

Open Agenda

1. Audits

· Internal Audit  – Ms. Jill Compton, Internal Auditor

§ Open Issues Report

2. Budget Update – Mr. Gavin Leach, Vice President for Finance and Administration

· 2022-2023 Auxiliary Operations Budget                   

· 2022-2023 Housing and Residence Life Budget

2022-2023 General Fund Base Budget

· 2022-2023 Designated Fund Base Budget

· Key Financial Indicators

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

· Major Facilities Projects Update and Presentation

· Facilities Five-Year Master Plan and Capital Project Request

· Fiscal Year 2023 Long-Term Maintenance Projects

· Projects over $250,000 

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

· Temporary Liquor Licenses