Associated Students Board of Finance

Humboldt State University

Meeting on Monday, September 14th, 2009

University Center, South Lounge Conference Room

5:00 p.m.

Agenda #1

I.          Call to Order

II.         Roll Call

III.       Approval of Agenda #1 -- Action Item

IV.       Chair's Report

V.        Approval of Minutes #10 dated April 13^th, 2009—Action Item

VI.       Old Business                                          

A.        2008-09 Independent Audit Report Draft – Action Item

            Each auxiliary organization is required to have an annual audit performed by a certified public accountant selected by the governing board.

B          Reserve Policy, Fund Designation and Procedure for Expenditure – Information Item

            The Associated Students Reserve Policy and Fund Designation provides guidelines for basis of the annual review of the A.S. fiscal viability, and to provide the Council and General Manager sufficient funds to address contingencies, emergencies and budgetary impact and at the same time to have adequate working capital to maintain programs, services, facilities, finance non-routine replacement, meet the needs of future growth, and other priorities that the A.S. Council may have that falls within the Mission of the Associated Students.

VII.      Announcements

A.                 Next Board of Finance Meeting – Monday, September 28^th, 2009 2:00 p.m. – Information Item

·        Board of Finance Orientation

·        Board of Finance 2009-10 Standing Rules and Meeting Dates

VIII.     Adjournment