Travis Audubon
Proposed Bylaws Revisions
March 17, 2016
Article VI
Committees of the Board
Section 1 Executive Committee. There is hereby created an Executive Committee of the Board whose membership shall be the President, the Vice-President, President-Elect, the Secretary, and the Treasurer.
Section 9 Treasurer. Replace the red text below:
Section 9. Treasurer. The Treasurer shall be the chief financial and accounting
officer of the Society; shall have active control of, and be responsible for, all
accounts and finances of the Society; shall supervise all vouchers and requests
for payment by the Society including records pertaining thereto; shall prepare or
cause to be prepared accurate and understandable monthly financial reports of
the finances of the Society; shall prepare or cause to be prepared financial
statements and related documents; shall have supervision of the books and
accounts of the Society; shall ensure that regular and accurate audits are
performed according to financial practices and procedures applicable to the
Society; shall recommend depositories and financial institutions to the Board;
shall have care and custody of all monies, funds and securities of the Society
and shall ensure that all funds are deposited in such depositories as are selected
by the Board; shall be responsible for the collection of all accounts payable to the
Society; shall keep or cause to be kept full and accurate accounts of all
expenditures and disbursements by the Society; shall have the power to endorse
all checks, drafts, notes or other financial instruments payable to the Society;
shall give or cause to be given proper receipts for all payments to the Society;
and in general, shall exercise all powers usually pertaining to the Treasurer of a
corporation. All powers and duties of the Treasurer shall be subject to the
provisions of the Articles of Incorporation and these Bylaws, and to review and
confirmation by the Board as determined from time to time by the Board.
Insert the new text below:
The Treasurer is responsible for the accounting and financial accountability of the Society. The Treasurer shall:
- Assure that the financial systems and records of the Society are current and well maintained;
- Assure transparency in financial matters and dealings of the Society;
- In conjunction with the Executive Director, ensure that current financial reports are available for every Board meeting;
- Report to the rest of the Board on the financial status of the Society, including the Society’s investments;
- Serve as Chairman of the Finance Committee;
- Assist the Executive Director in the preparation of the annual budget and presenting the budget to the Board for approval;
- Review the bi-annual audit and report to the Board on the audit;
- Works with the Executive Director and the Finance Committee to develop Fiscal Policies for the Society, which ensure the financial integrity and sustainability of the organization.
- All powers and duties of the Treasurer shall be subject to the
provisions of the Articles of Incorporation and these Bylaws, and to review and
confirmation by the Board as determined from time to time by the Board.