Finance

Committee Chair
Leslie Dempsey

Contact

Finance Committee

Responsibilities

To anticipate the need for funds and establish priorities.

To recommend dues increases and/or decreases.

To review annual expenditures for ways and means of reducing costs.

To recommend the investment of excess and reserve funds at the best possible interest rates.

To recommend revisions in the amount of reserve funds to be maintained as our future needs may dictate.

To use the information supplied by the Planning Committee to establish the total amount of reserve funds to be set aside to meet the Club s near future needs.

To establish amounts that should be budgeted each year to achieve the total amount of the funds required.

Hold a pre-budget meeting with the committee chairs to review budgetary requirements for the upcoming year.

Prepare and submit a budget to the Board of Directors at the December meeting.