| |
| Function: |
Governance |
| Policy: |
2.6 Financial Condition |
| CMHO Standard(s): |
G.B.1.7 |
| Approved: |
June 2008 |
2.6 FINANCIAL CONDITION
The Executive Director will not cause or allow the financial position of the Agency to be jeopardized. Accordingly, she/he will monitor to ensure not to:
- expend more funds than have been approved in the fiscal year;
- expend funds contrary to the expenditure guidelines of the funders;
- allow tax payments or other government-ordered payments or filings to be overdue or inaccurately filed or
- receive, process or spend money without following established internal control procedures.
Year-to-date financial statements will be reviewed regularly by the Resources Committee and reported to the Board.
Home
|
|
|
