TREASURER
FUNDS
The Treasurer shall:
- Serve as custodian of all funds of the LLA; funds shall be deposited in a financial institution approved by the board of directors.
- Receive dues and donations.
- Deposit all dues and other monies for LLA within two weeks of receipt.
- Disburse funds by check on receipt of a reimbursement form with receipt(s) attached and signed as directed.
- Pay all bills for budgeted items.
- Submit written monthly and year-to-date financial reports of LLA funds to the Board of Directors and inform them of the status of the budget at each meeting.
DUES
Annual dues (January 1-December 31) for LLA members are $50.00.
RECORDS
The Treasurer shall:
- Keep a monthly accounting of the funds of the LLA and submit a written financial report to each member of the Board of Directors at each of its meetings.
- Reconcile the check register to the bank statement monthly.
- Use the electronic financial software application to document account activity.
- Submit the records for audit at the end of the calendar year.
GENERAL DUTIES
The Treasurer shall:
- Serve as chair of the Budget-Finance Committee and provide information to assist the committee in preparing a budget.
- Be the Resident Agent;
- Prepare reports as requested.
- Perform other duties applicable to the office as prescribed by the parliamentary authority adopted by the Association.
