To review annually all budget requests including the preliminary estimates of income and expense, needed level of reserves and make specific recommendations to the Board regarding the annual budget.
To evaluate the cost effectiveness of all existing programs and make appropriate recommendations regarding their continuance.
To evaluate and make appropriate recommendations regarding all new programs.
To monitor, evaluate and make appropriate recommendations regarding the investment program of the Association.
To present written reports at least semi-annually at the Board of Trustees' regular meetings regarding all aspects of the financial management of the Association.
To review annually a long-range financial plan of the Association and make appropriate recommendations regarding the financial matters of the Association at a minimum of three years into the future.
To review the current membership status, recent and projected changes in membership and membership status as it affects the dues increases.