About the Finance Committee
Purpose: Maintain the financial health of the association by reviewing long term and short term trends and recommending action to the board.
- Periodically review the financial health of the organization.
- Recommend annual dues amount and annual budget to the board.
- Recommend changes to the AMC dues formula, as needed.
- Serve as the audit committee, which includes an annual review of audit findings.
Proposed Membership: AMC Secretary-Treasurer (chair), one past president, two more commissioners who currently serve on the board, three county staff (e.g., county administrators/coordinators, budget director/CFO).
Term limits: All committee appointments will have two year terms, with up to three terms available per member, unless otherwise specified. Initially, some appointments will be for one year, so that the rotation of membership on committees is staggered.
Attendance: Committee participation is critical. Therefore, if a member misses three meetings in one calendar year, they can be removed from the committee by the association president and replaced with a new member.
Meetings: Meets occasionally in person, but primarily by phone and/or Go-To-Meeting. Reimbursement as outlined in the AMC Reimbursement Policy. (Note: There is no travel reimbursement or per diem for conference calls, ITV, or computer based meetings, or for meetings held in conjunction with AMC conferences.)