Finance & Long Range Planning Committee

Charter

PURPOSE

The purpose of the Finance and Long Range Planning Committee is to assist the Board of Directors in ensuring that the SBCA programs/facilities meet the needs of the members, at the best value for cost.  

RESPONSIBILITIES

1. Establish and conduct a process for measuring the changes in SBCA membership, the utilization of SBCA programs/facilities; and the satisfaction of members with the quality of those programs/facilities.  This should cover both historical patterns and anticipated changes.
2. Identify, evaluate and make recommendations to the Board of Directors for program/facility enhancements including plans for financing such enhancements.
3. Lead and coordinate annual update of the Long Term Maintenance Plan and recommend maintenance actions to the Board of Directors for approval, including provision for financing such actions.
4. Evaluate current financial operations and reserve management policies and practices of the SBCA and recommend changes as needed to the Board of Directors.
5. Coordinate with any other standing or ad hoc committees of the SBCA to ensure that planning and financial implications are considered.

COMMITTEE MEMBERS

The Committee shall consist of at least three and not more than five members.  At least two and not more than three of the members shall be currently serving as directors of the SBCA.  The Treasurer shall be one of members of the committee.  All members of the committee must be members in good standing of the South Bay Community Association.

OFFICERS

The chairperson shall be appointed by the President of the SBCA Board of Directors and serve a term of one year.

MEETINGS