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FINANCE COMMITTEE

MISSION:

Safeguard the assets of the association

DUTIES INCLUDE:

  • Develop appropriate financial oversight process for the finances of the association
  • Create and maintain a culture of honesty and high ethics
  • Review association resources and determine a percentage of annual operating budget to set aside as a reserve/contingency fund
  • Arrange for annual financial review of records
  • Arrange for an audit at the end of an executive director’s tenure
  • Prepare proposed CACTE budget and submit to the CACTE Executive Committee
  • Monitor investments for appropriateness and return on investment

Permanent link to this article: http://www.cacte.org/home/lead/committees/finance-committee/