FINANCE COMMITTEE

BOARD OF TRUSTEES

NORTHERN MICHIGAN UNIVERSITY

Agenda for meeting of December 16, 2004

1. Review and approval of previous minutes* (CAR)

Closed Agenda

2. Review of Investment performance* (information only)

• Mr. David Wetzel, Fund Evaluation Group

Open Agenda

3. Internal Audit

• 2004/2005-8 – Audit of the Financial Statements for WNMU-TV and WNMU-FM for FY 2003-2004*

4. External Audit

• Andrews Hooper & Pavlik P.L.C. Audit Scope for Year Ending June 30, 2005* (CAR)

5. Resolution Amending Authorization General Revenue Bond 2004* (CAR)

6. Non-Optional Retirement Plan* (information only)

7. USOEC Update* (information only)

8. K. I. Sawyer* (information only)

9. Lee/Carey Hall Update* (information only)

10. General Fund Budget Update* (information only)

11. Financial Indicators* (information only)

(CAR) = Committee Action Required

*Back-up information attached