FINANCE COMMITTEE

BOARD OF TRUSTEES

NORTHERN MICHIGAN UNIVERSITY

Report of meeting held July 14, 2009

A conference call meeting of the Finance Committee of the Board of Trustees was convened at 5:00 p.m., Tuesday, July 14, 2009, in room 602 Cohodas Hall by Mr. Stephen F. Adamini, Chair.  Also present at the meeting were:

            Mr. Larry C. Inman – Board of Trustees Member and Committee Member (via phone)

Mr. Gilbert L. Ziegler – Board of Trustees Member and Committee Member (via phone)

Dr. Douglas B. Roberts – Board of Trustees Member and ex officio

Dr. Leslie E. Wong – President and ex officio

            Mr. R. Gavin Leach – Vice President for Finance and Administration and Treasurer of the Board of Trustees

            Ms. Sherri A. Towers – Budget Director

            Ms. Cindy Pohlman – Senior Financial Analyst

            Mr. David Haynes – (via phone)

OPEN AGENDA

The committee continued discussions from previous meetings related to the General Fund Budget and tuition and fees.  There was open discussion and questions regarding enrollment, expenditures, state budget status, tuition and fees, and stimulus funding.

The conference call/meeting was adjourned at 6:04 p.m.