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 Fellenz
• Dan Bills - Staff Contact

Meetings are scheduled on an as needed basis.

Disclaimer:
The on-line version of the Sacramento Suburban Water District (SSWD) Finance & Audit Committee agenda packets, including individual staff reports, are posted for your convenience only. Some portions of individual staff reports may not be posted on-line because of their size and/or format (maps, site plans, and renderings). Hard copies of all staff reports and attachments are available at SSWD's office. Every effort will be made to post staff reports and background information to the Web on the Friday preceding the Board meeting; however, SSWD cannot guarantee this timing.

Finance and Audit Committee Meetings - 2011