July
* Provide orientation to financial policies and budgeting practices to new Board members at summer
orientation session
* Submit AALL budget for Board approval at the summer meeting
* Report on AALL audit and on other financial matters to the membership at the Annual Meeting
business meeting
October/November
* Review preliminary end-of-year results from fiscal year that closes on September 30
* Participate in the executive director annual performance review as a member of the Executive
Director Review Committee
* Chair fall Finance & Budget Committee meeting
* Attend orientation for new Board members and provide information about finances and budget as
needed
* Attend fall Board meeting and report on pre-audit fiscal year financial performance
February
* Chair winter Finance & Budget Committee meeting and prepare budget guidelines and
financial recommendations such as investment earnings and current reserve allocations for Board
approval
* Meet with auditor and investment manager
March - April
* Prepare report on audit to the membership in AALL Spectrum May issue, in consultation with the
Director of Finance & Administration
* Chair a conference call of the Finance & Budget Committee to review and approve AALL IRS
Form 990
* Attend spring Board meeting
* Submit budget guidelines to the Board for approval
* Submit budget requests to the Board for approval
* Submit IRS Form 990 to the Board for approval
* Submit current reserve fund balance to the Board for approval
* Report on winter Finance & Budget Committee meeting and on meetings with auditor and investment
manager
* Prepare for the virtual orientation session in May for the vice-president elect and other Executive
Board members
June
* Chair a conference call of the Finance & Budget Committee to review the first draft of annual budget
detail, submitted by the director of finance and administration, and prepare recommendations for the
Board’s summer meeting