District 7030 Finance Team

This committee supervises district funds by reviewing and studying the amount of per capita levy and district administration expenses; and, prepares annual reports on the district’s finances. RESPONSIBILITIES • In cooperation with the governor, create a district budget to be submitted to clubs at least four weeks before the district training assembly, and to be approved at a meeting of incoming club presidents. • Review and recommend the amount of per capita levy. • Ensure that proper income and expense records are kept. • Prepare an annual financial report to present at a meeting according to RI Bylaws section 16.060.4. • Ensure that a committee member (preferably the treasurer) and the district governor are the authorized signatories for district bank accounts. • Consider working with the district Rotary Foundation committee chair to disburse grant funds and ensure that proper records of grant activity are kept for reporting purposes.