Left Menu Right Menu


Orbis Cascade Alliance

Finance Team

Monday, August 29, 2016

9:00 am - 10:00 am

Charge (Updated): The Finance Team is responsible for the following:

  • Recommending new and revised financial policies.

  • Reviewing investments and making recommendations regarding the investment portfolio.

  • Facilitating communication between external auditors and the Board of Directors in connection with the audit and any other fiscal matters that arise. 

  • Reviewing, accepting and recommending for Board of Directors approval the audited financial statements.

  • Ensuring compliance with governmental regulations, including filing of federal and state tax documents.

  • Communicating all relevant matters to the Board of Directors as necessary.
 

AGENDA

 

9:00 am     Welcome
  • Welcome - Dena
  • Volunteer to take notes
9:05 am     Review of team charge - Dena
  • Recommending new and revised financial policies.
  • Reviewing investments and making recommendations regarding the investment portfolio
  • Facilitating communication between external auditors and the Board of Directors in connection with an audit and any other fiscal matters that arise.
  • Reviewing, accepting and recommending for Board of Directors' approval the financial statements
  • Ensuring compliance with governmental regulations, including filing of Federal and State tax documents.
  • Communicating all relevant matters to the Board of Directors as necessary.

9:15 am     Confirm 2016-17 goals - Dena, discussion at July meeting

9:20 am     Investments - Dena

  • CD
    • Has matured
    • Next steps
    • Recommendations
  • Risk tolerance
  • What is our strategy for the reserves; what should it be
9:55 am   FY2015-2016 Fiscal year closing issues (Dana)

10:00 pm    Adjourn

Next Meeting: September 22, 2016