DUTIES

• 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.