Finance Committee » Finance Committee

Finance Committee

THE PURPOSE OF THE FINANCE COMMITTEE

The primary function of the Finance Committee of Aspen View Academy (“AVA” or “the Charter School”) is to assist the Board of Directors (“the Board”) in fulfilling its responsibilities by advising the Board, and in certain instances by acting on behalf of the Board, on matters relating to AVA’s finance, accounting and investment policies.

The Finance Committee has established the financial policies and procedures herein to ensure:

  1. The Board, respective committees and the administrative staff of AVA understand their financial fiduciary responsibilities;
  2. AVA administration is informed with respect to the expected frequency of financial reporting and analysis and the amount of detail required by the Board;
  3. All financial dealings including, but not limited to, cash management, contractual dealings and fundraising operations of or related to AVA operate through the Charter School’s administration;
  4. Assets are protected and managed properly;
  5. Appropriate forecasting and budgeting of financial needs;
  6. Maintenance of accurate records of AVA’s financial activities; and
  7. Compliance with federal, state, and local legal and reporting requirements.

The Finance Committee is comprised of a Chairperson, who is the Treasurer of the Board, as well as a minimum of two additional members, each of whom are free of any relationship that would interfere with the exercise of his or her independent judgment as a member of the Committee.  Committee members are required to have creditable finance or accounting backgrounds and their appointments to the Financial Committee are subject to background checks and an application review processes by the Board Treasurer and/or Committee Chairperson.  The Finance Committee is responsible for maintaining and, as appropriate, updating the financial policies herein, subject to final approval by the Board.  Exceptions to written policies may only be made with the prior approval of the Finance Committee and the Board.

Changes or amendments to these policies may be approved by the Board at any time.   A complete review of the policies shall be conducted every two years and any revisions hereto must be approved by the Board at that time.

The current version of AVA’s Finance Committee Policies will be published on AVA’s website.  When revisions are made to these policies, updates will be posted to the website within 5 business days of Board approval.

Every Board member and every Principal with financial related responsibility is expected to be familiar with and operate within the parameters of these policies and guidelines.

FINANCE MEMBERS

Troy Schroeder

Eric Patton

Alex Marino

MINUTES

Committee Meeting Minutes will be added as they become available.

Month

Minutes

2020-2021

May 05/17/2021
April 04/13/2021
March 03/24/2021
February 02/15/2021
January 01/19/2021
December 12/14/2020
November 11/18/2020
October 10/19/2020
August 08/24/2020

2019-2020

May 05/12/2020
April 04/07/2020
January 01/07/2020
December 12/11/2019
November 11/12/2019
October 10/8/2019
September 9/10/2019
August 8/20/2019

2018-2019

May 5/14/2019
April 4/16/2019
March 3/11/2019
February 2/19/2019
January 1/17/2019
December 12/11/2018
November 11/6/2018
October 10/16/2018
September 9/18/2018
August 8/16/2018

2017-2018

April April, 2018

2016-2017

May May 4, 2017
April April 5, 2017
February February 28, 2017
January January 31, 2017
November November 01, 2016
October October 20, 2016
August August 30, 2016

2015-2016

December December 10, 2015
November Novebmer 18, 2015

2014-2015

May May 13, 2015
October October 15, 2014