Committee Chair: Margaret Foxwell – email@example.com
The primary responsibility of the Finance Committee is to advise and assist the Board of Directors in planning and administering a program of asset management for the Association.
In fulfilling its responsibility, the Finance Committee performs functions which include, but are not necessarily limited to, the following:
- Review and evaluate all financial statements and submit written recommendations to the Board of Directors.
- Advise the Board of Directors on short-term and long-term investment of Association funds, consistent with the legal documents.
- Assist the Board of Directors in selecting an Auditor and reviewing the annual audit.
- Assist the Board of Directors in preparation of the Annual Budget.
Assist the Board of Directors in interpreting the Annual Budget and finance reports to the members of the Association.
The committee meets on the third Wednesday of each month at 7:00 p.m. at the Association Office.