Finance Committee
The Finance Committee shall have the responsibility to oversee all funds of the association and all related entities on behalf of the board of governors. To fulfill this responsibility, the Committee shall: oversee the management and investment of the financial assets of the association in such a manner as to maintain adequate financial liquidity to satisfy projected budgetary and other expenditures, direct the supervision of the investment and operating activity to provide effective management controls and investment performance results, review and make recommendations regarding the annual operating budget and capital budget to be submitted to the board of governors for approval, review all expenditures and enforce all budgetary parameters in the final board-approved budgets, establish and review fiscal and investment policies, and other such financial matters and cash management activities as may arise. The Committee shall make recommendations to and consult with the board of governors as to the implementation and funding of the association programs based upon the Committee's ongoing analysis of the association's financial position.
ACBA Liaison: David J. Leonard, 412-402-6630