finance Committee

The Finance Committee shall consist of the Treasurer of the Organization and at least two (2) other members. The Treasurer shall be the Chair of the Finance Committee. The other members shall be appointed by the President with the approval of the Board of Directors and shall not be eligible to serve more than two consecutive terms. The Finance Committee shall prepare a proposed budget for the succeeding operating year and shall deliver in writing its recommendations concerning proposed changes in the Organization's budget for the current year to the Board of Directors for approval. The Finance Committee must periodically review the general financial condition of the Organization and submit reports concerning such condition to the Board of Directors.