FINANCE COMMITTEE

                                                         BOARD OF TRUSTEES

                                              NORTHERN MICHIGAN UNIVERSITY

                                              Agenda for meeting of April 30, 2004

1. Review and approval of previous minutes – December 2003 and March 2004 (attached)   (CAR)

Closed Agenda

2. Review of Investment performance  (information only)

Open Agenda

3. Internal Audits   (CAR)

· 2004-2005 Proposed Audit Plan

· 2003/2004-7 – Purchasing Audit

· 2003/2004-8 – Audit of the Financial Statements for WNMU-TV and WNMU-FM      for FY 2002-2003

Michigan Economic Development Corporation (MEDC) Audits   (CAR)

· American Eagle – 2^nd Year – Grant #02-852

· Industrial Remanufacturing Service – Grant #02-858

· Taystee Bread – Grant #02-764

· Tilden Mine – Grant #02-585

4. External Audit

· Andrews Hooper & Pavlik p.l.c. Audit Scope for Year Ending June 30, 2004  (information only)

5. 2004-2005 Dining Services and Housing and Residence Life Rate Schedule   (CAR)

6. 2004-2005 Tuition and Fees   (information only)

7. 2004-2005 Continuing General Fund Base Budget   (CAR)

8. 2004-2005 Auxiliary Operations Budget   (CAR)

9. 2004-2005 Student Life Budget   (CAR)

10. 2004-2005 Designated Fund Base Budget   (CAR)

11. 2004-2005 Reduction In Force Plan   (CAR)

12. Lease of Industrial Piping Building to NI   (information only)

13. Key Indicators   (information only)

(CAR) = Committee Action Required