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The University of Michigan's highest governing body is the Board of Regents. The Regents deal with virtually every aspect of university policy and campus life. The records of the Regents reflect this broad range of interests and authority. This record group contains exhibits from meetings beginning in 1899. These exhibits are the most complete record of the actions of the Regents, supplementing and detailing the published minutes Proceedings of the Board of Regents. Additional documentation in this record group includes manuscript minutes, 1837-1870, correspondence, material by and about the Regents, photographs, audio recordings of meetings, 1977-2011, and material on recent presidential searches.

As the official governing body of the university, the Regents deal with virtually every aspect of university policy and life. The records of the Regents--which includes exhibits of Regents' meetings, topical files, correspondence files, audio and visual material, and archived web content--reflect this broad range of interests and authority. But while the documentation is wide-ranging, it is not continuous. Certain types of records are continually before the Regents, particularly information regarding salaries, leaves of absence, appointments to faculty positions, and formal approval of degrees conferred upon students. More often, however, the Regents are presented with a specific problem and asked to resolve it through the creation of policy. After the creation and successful implementation of a policy, the situation which caused the issue to arise is usually no longer a matter of Regental concern. The Regents' records reflect this pattern of action. Issues arise, are resolved, and then are supplanted by new concerns.

Also included in this collection are a number of documents from predecessor institutions. Of particular note is the Land Grant from the United States to the University of Michigan, 1824, which details the sections of land given to the Trustees of the University of Michigan by the power vested in Lewis Cass (as Superintendent of Indian Affairs in the Territory of Michigan) by section 16 of the Treaty at the Foot of the Rapids (Treaty of Fort Meigs), 1817, and section 6 of the Treaty of Detroit, 1807. By treaty, the chiefs, sachems, and warriors of four Indeginous nations, the Ottawa (Odawa), Ojibwe (Ojibwa, Chippewa), Wyandotte (Wyandot), and Potawatomi (Bodéwadmi, Potawatomie, Patawatima) ceeded the land northwest of the Ohio river to the United States of America. In the Treaty at the Foot of the Rapids, the chiefs, sachems, and warriors of the Wyandotte, Seneca (Onödowáʼga), Delaware (Lenape), Shawnee (sawanooki), Potawatomi, Ottawa and Ojibwe ceeded the rest of their lands within the Ohio territory to the United States. In return, among other promises, the Ottawa, Ojibwe, and Potawatomi tribes were promised six sections of land to be reserved for the rector of St. Ann Catholic church, for religious practice; and the college of Detroit, for the future education of their children.

Records generated by administrators and offices charged with the financial activities of the University, including Secretary and Vice-President Shirley W. Smith and Controller and Assistant Secretary John C. Christensen; include general University financial records; records of land; trust fund records; proposed development and construction projects; operating records of buildings, divisions and other units.

The records of Financial Operations date from 1837 to 1982, primarily after 1910. The 27 linear feet of manuscript material, 52 oversized volumes and one reel of microfilm reflect not only the financial records normally associated with an accounting office, but also the broad range of subjects which became a concern under the leadership of Shirley Smith. What would eventually become Financial Operations may have served as a records storage office for many of the other units under Smith's control. In any event, Financial Operations became the guardian of a wide variety of records, documenting the University in a number of ways not normally expected of an accounting service.

Of particular note, the collection contains a variety of different record formats. Bound materials, in the form of books, are included in the boxes and when numbering more than one, are listed in the finding aid as multiple volumes. The collection also contains oversized volumes, in the form of large accounting books. These oversized volumes are numbered and stored separately. They are listed in the finding aid where intellectually appropriate, and designated by volume number. Enclosed in this finding aid is an index of the oversized volumes, organized by number, and their contents.

The collection is divided into six series: General University Financial Records; Trust Fund Records; Records of Land, Proposed Development and Construction; Operating Records of Buildings, Divisions and other Units; Miscellaneous Reports, Studies and Volumes; and Accounting Office Records.