Finance Committee

The Finance Committee is chaired by the Finance Vice Presidents. It is in charge of planning out a program of fundraisers for the chapter so that we can keep doing cool stuff. PokerComm is a recurring subcommittee of this comm.

It has also been called TreasureComm, FundComm, FUNdComm, CashComm, MoneyComm, FundraisingComm...

Duties

• Formulate a term and yearly budget with the assistance of the executive committee to be approved by the chapter
• Formulate a term budget and include a tentative outline of chapter income and expenditures for the current term
• Submit the term budget to the chapter no later than the third chapter meeting of the new term
• Seek two-thirds approval on all non-budgeted items at a chapter meeting before such expenses are paid
• Seek chapter approval for all expenditures exceeding budgeted amounts at a chapter meeting before such expenses may be reimbursed
• See to it that the chapter books are properly audited at the end of the term by a brother other than the treasurers
• Propose any necessary changes to the membership dues
  • This proposal is subject to approval by a simple majority of members at a regular chapter meeting where quorum prevails
• To care for the chapter storage unit