The purpose of the Finance Committee is to manage the financial affairs of the society, develop budgets, and oversee the investments of the Societies funds.
The Chair of the committee is the current president elect. The committee consists of the president, the treasurer, the two senior vice presidents and the assistant treasurer.
The committee meets as needed in order to address the tasks outlined committee’s mission.
To prepare for approval by the Executive Committee an operating budget for each fiscal year.
Oversee, and insure that an audit is performed yearly to review the financial records to ascertain that the society's funds, including investments, are properly accounted for.
Manage the invested funds of the Section within stipulated guidelines so as to maximize the average long-term return on investments. The Section's Operating Reserve Fund is excluded from this committee's defined invested funds.
Ronald K. Burns, PE, LSP, LEED-AP
1865 Beacon Street
Brookline, MA 02445
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