BUDGET & FINANCE COMMITTEE
Meet prior to the November Executive Board meeting with the incoming and outgoing committee members to prepare the budget for the coming year.
Send Executive Board members a copy of the proposed budget at least one week prior to the November Board Meeting where it will be approved.
Advise the Executive Board on all Association matters with significant fiscal impact.
Develop and maintain a fiscal policy manual for the Association (in Appendix D).
Prepare a report of the financial condition of the Association for the annual membership meeting.
Recommend long-range plans to ensure the fiscal strength of the Association.
Review, at least every three years, all regular income sources of the Association (i.e. membership dues, conference registration, vendor rates at conference) to determine if they need to be adjusted.
Advise the Executive Board on investment of Association funds.
Advise the Executive Board on capital purchases.
Submit annual professional auditor review to the Executive Board according to the schedule in the Fiscal Manual.
Duties outlined in the MLA Handbook. All appointed.
2023 BUDGET & FINANCE COMMITTEE CHAIR