Finance Committee Monthly Report
Last Update:
Wednesday, March 7, 2012
Email this pageThe AADB committees have begun to report on a monthly basis to it's members what it's activities are. These reports are provided as a means of accountablity and information of what AADB is trying to accomplish for it's members and so that if a member may know of a resource that could be beneficial to the committee, the emember may contact the committee chair and share that resource.
2012 Committee Reports
- January 2012
Submitted by: Michael Reese
The Finance Committee completed the review of the 2012 budget and it has been submitted to the President and Secretary in a motion to the board for
review and acceptance. This will be completed sometime this month.
As it was a very busy time for me at my work this last month, I had not been able to focus on the other tasks with the committee as yet, but will do so this month.
- February 2012
Submitted by: Michael Reese
~No report submitted due to family medical emergency~
2011 Commitee Reports
- September 2011
Submitted by: Mike Reese
Since July, this is what have been happening within the committee:
The committee (myself as chair, Jill, Lynn, Dorothy, and Jeff Bohrman) are in discussion on the responsibilities of the FC and developing the mission statement from those.
Some names have been submitted in regards to volunteers to be added to the committee, and are being checked out prior to being invited to be on the committee. Other names will be forthcoming. This will be completed by next month's report.
I have been involved in answering several member and board questions regarding how much $$ there is in our accounts.
- October 2011
Committee Chair: Mike Reese
~No report submitted by the chair.~
- November 2011
Submitted by: Mike Reese
The FC has worked on mainly the draft 2012 budget, which will be completed in mid November and a letter was drafted to send out to a couple of potential candidates to join our committee. By December, we hopefully will have a new member (at least) on our committee. As for the committee's mission and goals, they have been discussed, and a draft is being written up, which will be completed in mid November as well. As the Treasurer, I also put together a spreadsheet of the banks' statement info for August and September for the FC to review along with the draft of the 2012 budget, which is now being revised (as mentioned earlier.)
- December 2011
Submitted by: Mike Reese
The FC has been very busy reviewing and making corrections to the draft 2012 budget and which is now nearly ready to be approved by the full board within the week. All other work has been on hold until after the budget is finalized.
As Treasurer, I also kept the Finance and Executive Committee informed of the latest balances in our accounts as well. More will follow in the next report.