The Finance and Audit Committee is established to assist the Board of Directors in fulfilling its oversight responsibilities in all areas of District financial responsibilities.

• To provide an oversight function and an avenue of communication between District finance staff and the the Board of Directors regarding all District financial matters.
• To review and recommend policies and procedures covering District capital structure debt financing, cash management, investments, capital assets, reserve position, and financial risk management.
• To submit an annual capital and operating budget to the Board of Directors for consideration and approval.
• To review and recommend policies and procedures covering directors', officers', and employee expense accounts, prerequisites, and use of District assets.
• To monitor and recommend changes to the District Ethics Policy covering all Directors and District personnel.

• To provide an open avenue of communication among the District finance staff, auditors, and Board of Directors.
• To recommend the engagement of outside independent auditors and internal auditors.
• To review external audit reports and periodic financial statements.
• To review legal, regulatory and other matters that may have a material effect on the District's financial position, compliance policies and/or programs and to recommend actions concerning these matters to the full Board.

The members of the Finance and Audit Committee are:

• Neil Schild - Chair
• Thomas C. Fellenz
• Dan Bills - Staff Contact

Meetings are scheduled on an as needed basis.