BOARD OF TRUSTEES

Northern Michigan University

FINANCE COMMITTEE

Agenda

Friday, May 5, 2023

10:30 – 11:00 a.m.

Scott L. Holman Executive Conference Room, Northern Center

1. Audits

· Internal Audits – Mr. Gavin Leach, Vice President for Finance and Administration

      Audit Open Issues Report

· External Audits – Mr. Jamie Beauchamp, Controller

            Professional Services Plan / Engagement Letter for Fiscal Year 2023-24

2. Room and Board Rates for Fiscal Year 2024 – Mr. Gavin Leach, Vice President for Finance and Administration

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

· 2023-2024 Continuing Auxiliary Operations Budget

· 2023-2024 Continuing Housing and Residence Life Budget

· 2023-2024 Continuing General Fund Base Budget

· 2023-2024 Continuing Designated Fund Base Budget

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

· Projects over $250,000

· Temporary Liquor Licenses