Expertise in Illinois higher education finance spans 27 years
Michael Mann, former associate director of fiscal affairs and budgeting at the Illinois Board of Higher Education, has been appointed NIU’s assistant vice president of Budgeting and Finance. He begins his duties Wednesday, May 1.
“Mike is a well-known and well-respected administrator in state higher education circles. He will be able jump right in here at Northern,” said NIU President John G. Peters, noting that President-designate Douglas Baker fully concurs with this decision.
“This is a critical position and one which will be important to the university as we aggressively work on budget issues,” Baker said after meeting with Mann during his visit to the DeKalb campus last week. “I look forward to working closely with Mike and appreciate his strong background.”
Over the course of his 27-year career, Mann has worked on a wide variety of budgetary, financial and policy issues impacting college and university budgets and operations.
He has also had the opportunity to work closely with colleges and universities, various state agencies, legislative staff, Capital Development Board (CDB) and the Governor’s Office of Management and Budget (GOMB) on many of higher education-related capital and operations budget issues.
“Mike’s background as a financial analyst, grant administrator, deputy financial officer and point person for budgeting and fiscal affairs at the IBHE, the Illinois Student Assistance Commission and the former Illinois Board of Regents will serve him well at NIU,” said Steven Cunningham, acting executive vice president of Business and Finance and chief of operations.
“His experience in capital budgeting, budget development, analysis, and overall fiscal experience make him ideally suited for this position,” Cunningham added. “Mike has managed the full scope of budgets utilized by Illinois’ colleges and universities.”
Mann most recently served as associate director for fiscal affairs and budgeting at the IBHE, where he developed capital budget recommendations, reviewed and analyzed university capital projects and budget requests, prepared board reports and worked with university staff to develop budget resources and respond to legislative information requests.
He worked with the Illinois State Board of Education and GOMB on federal American Recovery and Reinvestment Act (ARRA) implementation and compliance. He also worked in grants administration and as an operating budget and financial analyst at IBHE from 2000-2006.
In 2011, Mann served as interim deputy director of planning and budgeting, managing the board’s budget development process, testifying before House and Senate appropriations committees, working on performance funding and other budget issues with higher education institutions, legislative staff and GOMB.
“I believe this experience and my continued working relationships with these agencies and organizations will allow me to be an effective member of the NIU financial team,” Mann said.
At the Illinois Student Assistance Commission (1991 to 2000), Mann was a policy analyst for research and planning before moving up to manager of budget and policy analysis, assistant director for budget and finance and deputy chief financial officer for the state commission charged with helping students and families pay for college. The commission made educational funding available to students through student loans, as a loan guarantor and via numerous public programs such as the Monetary Award Program (MAP), the Illinois Veteran Grant and College Illinois! 529 prepaid tuition program.
Mann also worked for the Illinois Board of Regents – the original governing board for NIU, Illinois State University, and Sangamon State University (now University of Illinois at Springfield) – from 1986 to 1991, first as a graduate intern for fiscal affairs, then as a fiscal affairs operations and investment analyst and budget coordinator.
“I will work diligently to support the goals of, and act in the best interest of the university – its board, faculty, staff and students – in strengthening the budgeting and finance protocols in place,” Mann said.