Finance Committee

Purposes:

  1. Increase Financial collaboration and transparency by: 
    a. Consider on on-line version of QuickBooks and implement
    b. Create reports to reflect program/project accounting
  2. Improve Internal Financial Controls
    a. Ensure financial records and reports are accurate, updated and timely
    b. Consider process to allocate staff work by project, program, admin.
    c. Develop and implement annual financial planning cycle
  3. Review Budget projections for remaining 2018
    a. Review items that will affect FOFR favorably and unfavorably
    b. Items to be reviewed include; contracts, adequacy of revenues
  4. Review Board’s Projections (additional programs or reductions of programs) and make recommendations prior to final adoption
  5. Plan 2019 budget

Current Members:

Cheryl Crates, Chair
Kyla Jacobsen, Treasurer
Pat Okonek, Director
Gary Mechanic, Executive Director

2018 Meeting Schedule:

June 20, @ 2 pm at Cheryl Crate’s house in Algonquin
Sept. 12,
Nov. 14,
Dec. 12,

Volunteers Needed:

Currently two seats are open to volunteers with accounting, bookkeeping, budgeting or financial planning experience.

Committee Contact:

Cheryl Crates, email: finance@friendsofthefoxriver.org