FINANCE COMMITTEE

BOARD OF TRUSTEES

Northern Michigan University

 

Agenda for meeting of December 9, 2010

 

 

Closed Agenda

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

·         Review of Investment Management performance

·         Investment Spending Policy

 

 

Open Agenda

2.      Review and approval of previous minutes for September 23, 2010

     

3.      Audits

·         Internal Audit  – Ms. Jill Compton, Internal Auditor

§  Open Issues Report

·         External Audit – Mr. William Sheltrow, CPA – Anderson, Tackman & Company, p.l.c.

§  CPB – Audit of WNMU-TV and WNMU-FM Financial Statements

 

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

·         Budget Update

·         Key Indicators

 

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

·         Facilities Five-Year Master Plan and Fiscal Year 2012 Capital Outlay Projects

·         Major Facilities Projects Update

·         Co-Gen Project Update

·         Long-term Financing of Potential Facilities Projects

·         Golf Class Course Fee

·         Way-Finding

 

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

·         Merit, Inc. Assurance Agreement Discussion

·         Finance and Administration Division Roadmap Update