path: Budget Agendas


path: Budget Minutes


path: Treasurer Reports


path: Budget Reports


path: Expense Reports


path: Profit & Loss Details


“How the MHNC Treasury Operates”

— An Open Letter from the Mission Hills NC Treasurer (View the original PDF)

The Budget and Finance Committee is a standing committee consisting of the Treasurer and 4 (four) stakeholders who may or may not be Board members and shall be appointed by the Board. At least one of the Committee members should be, but is not required to be, also a member of the Outreach Committee. The Budget and Finance Committee:
· Meets at least once every quarter.
· Is chaired by the MHNC Treasurer.
· Contains no more than 3 (three) Board members, so that a majority of a
quorum of the Board will not be present at its committee meeting.
· Investigates and pursues sources of income and funding for the MHNC.
· Generates a financial plan for each electoral term, showing planned income
and expenditures.
· Keeps the plan current and issues reports to the Board.
A quorum for a Budget and Finance Committee meeting consists of 3 (three) members, including at least one Board member. At least 3 (three) votes in favor or 3 (three) votes against an issue are required to achieve consensus. The Budget and Finance Committee takes direction from the Board and presents recommendations to the Board, but makes no decision for the Board. It is responsible for implementing the details of the policies and directives set for it by the Board. It is the responsibility of the Chairperson of the committee to set meeting time and agendas and to assign duties to the committee members in order to implement the policies and directives.