A.
Each member organization will be charged a flat fee to cover the
administrative costs of the SFAA. This fee shall be set from time
to time by the Executive Board.
B.
Any fees paid by the organizations are to be paid to the SFAA, in
care of the Treasurer, and will be used for general costs of operating
the SFAA. Fees are not to be used to pay for salaries or benefits
to the members of the Executive Board.
A.
All financial records, including but not limited to ledgers, journals,
statements prepared by the Treasurer, receipts, cancelled checks and
vouchers, are and shall remain the property of the SFAA. Within 60
days of the completion of the fiscal year, the Treasurer shall prepare
and submit a final statement and shall submit the same to the member
organizations of the SFAA. In the event the Treasurer fails to return
the financial records, the Treasurer shall be sent a notice by the
Executive Board requesting that the same be provided within 30 days
of the notice. Should the Treasurer fail to respond and to file the
proper financial statements, the Executive Board shall have the right
to obtain an auditor and legal counsel to seek the records and the
preparation of the required financial statements. If the Executive
Board determines that the Treasurer's failure to abide by these
regulations has been willful, the Executive Board shall have the right
to surcharge the Treasurer for any costs which it incurred as a result
of the Treasurer's failure to comply with the Treasurer's
obligations. A copy of the financial report will be submitted to the
Township's Parks and recreation Department for the Township's
permanent records.
B.
All checks authorized by the members shall require two signatures,
including the Treasurer, and either the President or Vice President.
C.
The fiscal year shall be a twelve-month period commencing January
1 and ending December 31.
