FINANCE COMMITTEE

BOARD OF TRUSTEES

Northern Michigan University

Agenda for meeting of September 25, 2008

Closed Agenda

1. Investment Performance – Mr. Dave Wetzel, Fund Evaluation Group

· Review of Investment Management performance*

Open Agenda

2. Review and approval of previous minutes for July and September 4, 2008*   (CAR)

3. Audits – Ms. Jill Compton, Internal Auditor; Ms. Sandra Haavisto, Controller

· Audit Issues Report*   (CAR)

· CPB Audit – Bidding Out Process

· Financial Statements – Year-ending June 30, 2008*   (CAR)

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

· State Budget Request Update*  (CAR)

· 2008-2009 General Fund Base Budget*  (CAR)

· 2008-2009 Designated Fund Base Budget*  (CAR)

· Financial Indicators*

5. Capital Projects – Mr. Gavin Leach, Vice President for Finance and Administration

· Facilities 5-Year Master Plan Request / Capital Outlay Project Request*  (CAR)

· Mixed Use Development Update*

· Cohodas Lobby*

6. Other

· Cohodas Trust – changes*  (CAR)

· Finance and Administration Division Roadmap Update*

*Back-up information attached

(CAR) = Committee Action Required