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Finance Committee
CWHCM

In accomplishing its assigned responsibilities, the Finance Committee will undertake the following listed duties and such other matters within its responsibilities as may warrant its attention.
  • Assist the President in carrying out her duties with respect to preparation and presentation of the annual budget to the Board, including, where pertinent, the setting of fees for programs, meetings, events, and workshops.
  • In consultation with the President, establish such budget racking and reporting standards as are appropriate to the needs of the committee and the Board.
  • Review the annual budget and make specific recommendations to the Board on its adoption, including where desirable, comments on expense levels, revenue structures, fees and charges, adequacy of proposed funding levels of programs, and adequacy of provision for reserves.
  • Undertake a review, at least annually, of the long range financial objectives of the Association and its ability to sustain the Association and the accomplishment of its stated mission and programs. Report to the Board annually on such objectives, including recommendations for revision as appropriate.
  • Maintain the routine monthly accounting processes, such as banking, checkwriting, disbursements, deposits and associated tasks.

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