Paid for by
Adult Learning Institute
The Finance Committee prepares a budget showing proposed cash flow for the next one or two terms when
requested by the President or Executive Committee.
To prepare the budget, the Finance Committee does the following:
a. Obtains the latest financial data from the treasurer, normally in the
form of an Excel spreadsheet on disk or via an email attachment. This
should show income, expenses, bank
and money owed to or by ALI for the most recent six-month period.
b. Discusses financial data and projections with the Treasurer.
c. Prepares and prints an Excel spreadsheet that reasonably projects
d. Prepares and files required tax returns.
e. Distributes those projections to the President and Treasurer for
the Executive meeting.
f. Distributes the budget at the Executive Committee meeting and
questions from the Committee.