Quarterly Sections’ Treasurers Meetings, Quarterly Budget, and Finance Meetings

Quarterly Sections’ Treasurers Meetings

Every quarter, the Finance & Operations Director will host a remote meeting with all Section Treasurers.

These meetings are a means for CLA to provide sections with financial information and reports, discuss results of operations and potential areas of concern & go over the budget principles and the process. Treasurers can collaborate with each other and ask questions about their role and duties.

The Director of Finance and Operations will note any requests for topics to be covered and will follow up with informational requests not answered during the meeting.

Quarterly Budget and Finance Meetings

Every quarter, the Finance & Operations Director will host a remote meeting with Budget & Finance Committee members. This is an advisory committee to the Board of Representatives (BOR).

The Committee Chair along with committee members are appointed by the Board of Representatives. The committee oversees CLA financial policies, reviews CLA financial reports, investment portfolio, and reviews, approves and recommends the annual budget to the BOR.

In these meetings the Finance & Operations Director will present and discuss financial reports, variances in the budget, financial projections and any recommendations of action. Any changes to or adoption of policies are discussed and created for BOR approval.