Membership: Members or attenders of the Atlanta Friends Meeting. The committee has five to seven members and includes the Treasurer, and Assistant Treasurer. At least one of the committee members is also a member of the Administration Committee.
Term: Usually for three years.
Meetings: The committee meets periodically at times and places selected by the committee. Meetings are usually held every 2-3 months, unless circumstances dictate otherwise. Meetings are held monthly when the budget for the following year is being prepared.
Duties:
- Prepares the budget for the following year and presents it for review and revision, at the 11th Month Business Meeting. It is presented for approval at the 12th Month Meeting for Business.
- Monitors the receipts and expenditures of the meeting monthly, throughout the year, and compared to the budget. If the committee determines that projected annual revenues will be significantly less than projected annual expenses, it will report to Business Meeting and include a recommendation for action.
- Recommends policy statements on financial matters for approval to the Meeting for Business.
- Informs members and attenders about the need for regular financial contributions to the meeting. Coordinates encouragement and reminders, including an annual appeal letter, with the Fundraising Committee.
- Informs the Fundraising Committee of the need for additional revenues and reviews their fundraising plans.
- Determines the budget categories to be used for non-routine expenditures. The committee members also advise the treasurer, on request, of the appropriateness of any expenditure.
- Arranges for a not less than bi-annual audit of the Meeting financial records. Institutes such process changes as are deemed necessary by the audit results.
Policies