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Finance Committee
(Established July 1961)
The Society's Bylaws specify:
ARTICLE V. Section 2. Finance Committee
A Finance Committee...shall receive the total coordinated budget proposals
annually from the Executive Director and shall determine the annual
budgets, reserve funds, and investments of the Society, subject to
approval by the Council....
This committee is composed of four regular members of the Society, who
may not serve more than two consecutive terms and the Immediate Past
President who serves as a voting member. The chairperson is an ex officio
member of Council, without vote. The President-Elect, President, Executive
Director, Director of Finance, and the Publications Committee chairperson
are ex officio members of the Committee, without vote.
Duties of the Finance Committee are to:
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Receive from the Executive Director, before the fall meeting
the proposed budget for the succeeding year (January 1 to December 31).
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Receive from the Executive Director in advance of the spring
meeting, budget revisions for the current year.
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Recommend at the fall meeting of Council a proposed annual
budget for the succeeding year.
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Review annual official audit from the preceding year prior
to the spring meeting. The audit is generally available in February or
March.
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Review annually salaries of executive staff members of the
Society with recommendations of appropriate salary adjustments for
approval by Council at the fall meeting.
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Advise and assist the Executive Director and Director of
Finance on negotiations of contracts and grants.
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Determine amounts and places of all investments, savings
accounts, and checking accounts, subject to approval by Council.
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Recommend to Council disbursements and consider ways and
means of income.
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Review annual coordinated fiscal reports made by the
Executive Director and other agencies of Council and indicate to Council
all financial matters that should be brought to the attention of the
membership.
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Submit summary of annual financial report for publication in
The Physiologist.
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Recommend to Council a mechanism to encourage planned giving
to the Society.
- Current Members
- 2007 Committee Report
- 2006 Committee Report
- 2005
Committee Report
- 2004 Committee Report
- 2003 Committee Report
- 2002 Committee Report
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