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In order to insure the success of our programs both on the Unit and County
level, the Finance Committee must take the responsibility of seeing that
you have sufficient funds to carry out the programs
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The Finance Committee sets up a balanced budget based on anticipated
income for the year. As Finance Chairman you are also responsible
for overseeing the duties of the Treasurer who is entrusted with the
receipt, care and disbursement of funds.
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Remember monies are to be kept in two accounts. The General Fund
consists of all monies from dues and fundraisers and is used for all
general and committee expenses. The Welfare Fund includes funds
received from distribution of poppies and can only be used for VA&R,
Children and Youth and Scholarships for children of veterans. The
monies may be in one bank account but the Treasurer must keep separate
records of each account.
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The Unit and County Treasurer should have their books up to date at all
times and available at all meetings.
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It is the responsibility of the Finance Committee to guard against
unauthorized spending and remember any funds raised or contributed for a
special project must be used for that purpose. It cannot be used on
other programs.
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The mandatory taxes are $5.00 Department Day Fund
and $5.50 Bonding. They are due
NOW
and a vote is not
required for payment of the taxes.
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The Senior dues are $11.80
and Junior dues are $4.00.
The dues are sent by the Unit directly to the
Department Treasurer.
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The checks for Poppy Orders are made
payable to the Treasurer, Department of N.Y. and mailed with the Poppy
Order form to the Poppy Chairman. It is not necessary for this check
to go through the County Treasurer. It is permissible to use Poppy
Funds to pay for your Poppy Order.
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All checks for Empire Girls State are
made payable to the County Treasurer who in turn will issue one check for
tuition of all girls in the County. The County check is to be made
payable to the Treasurer, Department of N.Y. and mailed to the Vice
Chairman of Empire Girls State. Poppy Funds cannot be used for
Empire Girls State.
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Other checks are sent to the County Treasurer who makes one check for all
the Units in the County and forwards with a remittance sheet to the
Department Treasurer.
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Please mark clearly what the check is for and the Units who are
contributing. Please do not hold checks, send at least monthly.
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We are continuing the Lottery Calendar Fundraiser. The calendars are
$20.00 each with 365 chances to win. Don’t forget the calendars make great
gifts. Each District President has a supply. The additional money received
from the sale of the calendars allows the Department to have the 800 phone
number (800-421-6348) and the fax machine (518-449-5406). |
Our Department
Office has been advised that in order to comply with the latest IRS
Regulations, each Unit in the Department is required to complete the
following
Unit Audit Data Form
Please submit as soon as possible. All forms
must be in the Department Office by December 31, 2008.
Please feel free
to call the Department Treasurer or Finance Chairman if you have any
questions on Finance. Since Finance is a non-reporting Committee,
please do not feel you cannot report any special fundraisers, projects, etc.
the committee would enjoy hearing from you.
Irene Tanner, Finance Chairman
Email:
Irene Tanner
3 yr
Mary
Lou Platt 2
yr member,
Regina Harris
1 yr
member
Unit Audit
Data Form

