MSERA OPERATIONS MANUAL: Committees
Budget Advisory Committee
Purpose
The Budget Advisory Committee has the responsibility
to track the expenditures and receipts of the organizations over a period
of time. Thorough its analysis, the committee recommends budget categories
and expenditures to the President for the establishment of the annual budget.
Membership
The President of the Association shall appoint the chair
and members of this committee annually.
Responsibilities
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Obtain from the Secretary-Treasurer a report showing income and expenditures
for the current fiscal year (January 1 to December 31).
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Put income and expenses in established categories for the fiscal year. In
the case of expenditures obligated for that fiscal year but paid in the next
fiscal year, the expenditure will be placed in the fiscal year the obligation
was occurred.
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Submit the report of the analysis in late January to the President and
Secretary-Treasurer to aid in the construction of the current budget.
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Report the results of the analysis at the spring and fall Board meetings.