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BUDGET & FINANCE COMMITTEE

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.

2023 BUDGET & FINANCE COMMITTEE CHAIR

Jason Phinney

Term: 2023

Email: treasurer@molib.org


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MLA is a 501(c)3 non-profit organization.

1190 Meramec Station Rd. Ste 207

Ballwin, MO 63021

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