Budget & Finance Team
Purpose:
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In conjunction with the Executive Director and the Association Treasurer, they will develop and approve the annual budget and develop a dues structure.
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Review the financial procedures of the organization annually.
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Review the finances at least three times throughout the year.
Activities:
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Establish a dues structure (A dues formula was adopted by the Delegate Assembly 1/29/98; dues are assessed based on that formula and the amount of total dues included in the budget.)
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Review and make recommendations prior to the final approval of an annual budget.
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Review the annual audit report.
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Review appropriate investments when funds exceed those necessary to meet current expenses.
Other activities may include
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Review of the financial procedures and documents used by the organization.
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Discuss school board issues that have a financial impact on school districts, and if appropriate refer the topic to the Delegate Assembly, Executive Board, Legislative Committee Executive Director, or Associate Director as appropriate.