Finance Committee
TOWN OF HALIFAX, VERMONT
SPECIAL MEETING AGENDA
APRIL 26, 2023
12:00 AT THE HALIFAX TOWN OFFICE
You can join the meeting here:
https://us02web.zoom.us/j/83140976854?pwd=dFFkWE1tdk84VjFGc1RZODJvM2NjUT09
Meeting ID: 831 4097 6854
Passcode: 793307
You can dial in using your phone: +1 646 876 9923 US (New York)
Dial *6 to mute/unmute on telephone
COVID-19: Masks are strongly encouraged for everyone. If it’s possible you’ve been exposed or are symptomatic, please stay home. To help in that regard, the SB provides a remote means of public participation. However, the Open Meeting Law only guarantees the public’s right to participate if they attend in person and therefore, the SB may continue with a scheduled meeting even if technical difficulties develop.
CALL TO ORDER
CHANGES AND ADDITIONS TO THE AGENDA
APPROVAL PREVIOUS MEETING MINUTES
- April 21, 2023 – Special meeting of the Finance Committee of the Selectboard
OLD BUSINESS
- Review Q3 Financial Statements
- Review proposed amendment to Finance Committee Description (attached) for Selectboard’s consideration
NEW BUSINESS
- Discuss roles and responsibilities of the elected/appointed Auditors
- Review Audit Management Letter Comments
OTHER BUSINESS
HEARING OF VISITORS
ADJOURNMENT
See also:
Town of Halifax
Finance Committee Description
As approved by the Selectboard 4 April 2023
Title – the title of the committee shall be the Selectboard Finance Committee
Membership – The committee shall consist of at least two members nominated by the Selectboard, with at least one of the committee members being a sitting member of the Selectboard.
Duration – The committee shall be active for a period from the date of its first meeting to the first Selectboard meeting after Town Meeting. It may be extended every year for an additional one-year term by the Selectboard.
Charge – The Finance Committee shall be responsible for the following:
- Assess the Town’s financial policies and recommend changes or additions to the Selectboard
- Review the Town’s quarterly financial statements, received from the treasurer, and make a report to the board on the committee’s assessment of the quarterly financial statements
- Engage with the Treasurer on all matters relating to the town’s financial policies including, but not limited to:
- Accounting policies and procedures
- Financial reporting matters
- Audit findings and recommendations
- Preparation and dissemination of audit reports
PROPOSED ADDITION FOR DISCUSSION:
- Engage with the Treasurer and the Highway Commissioner regarding preparations for the 1st draft presentation of the FYE 2025 Town Budget