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Organizational Chart FLACS I, II, III First Year - Newyorkcharters.org

Organizational Chart FLACS I, II, III First Year - Newyorkcharters.org

Organizational Chart FLACS I, II, III First Year - Newyorkcharters.org

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. Keep a record of all receipts and disbursements of funds made by him or her inmanner and form satisfactory from time to time to the Board and in keeping withgood accounting practices.c. Have supervision and control of the annual budget as approved by the Board.d. Annually, in consultation with the Trustees as shall be appropriate, prepare andpresent to the Board for its approval a proposed budget for operations forsucceeding fiscal year.e. Present to the Board annually a full and detailed report properly audited of thereceipt and disbursement of all funds, except the investment funds of <strong>FLACS</strong>,during the preceding fiscal year, together with such other financial reports asmay from time to time be required by the Board.Article V<strong>II</strong>IDuties of OfficersSection 1. The Chair shall have the general responsibility for <strong>org</strong>anizing and leading theBoard's oversight of the affairs of <strong>FLACS</strong>, and such other powers and duties as theBoard may prescribe. The Chair shall moderate <strong>FLACS</strong> Board meetings andoversee the proceedings of committees and officers. The Chair shall be subject tothe orders of the Board, and none of his or her acts shall conflict with action taken by<strong>FLACS</strong>.Section 2. The Vice-Chair shall perform all the duties prescribed to the Chair should the Chairbe absent or unable to perform the respective duties. In the event the Chair cannotperform his or her duties, the Vice-Chair shall carry out these duties until a newChair is selected in a subsequent election. The Vice-Chair shall have other suchpowers and perform such other duties as the Board may prescribe.Section 3. The Secretary shall keep a record at the <strong>FLACS</strong> principal office of all Boardproceedings; shall keep on file all committee and officer's reports; shall keep the<strong>FLACS</strong> official roll and shall call the roll when necessary; shall produce minutes ofregular meetings and make minutes and records available to Trustees upon request;shall furnish officers with whatever documents are required for the performance oftheir duties; shall maintain record book(s) on hand at every meeting; and in theabsence of the Chair and Vice-Chair shall call the meeting to order and preside overthem until the immediate election of a Chair pro tern. The Secretary shall have othersuch powers and perform such other duties as the Board may prescribe.Section 4. The Treasurer shall help ensure detailed records are kept of all <strong>FLACS</strong> properties,receipts and disbursements; make the books of account available for inspection byTrustees upon request; render to the Chair and Board, as requested but no less thanonce a fiscal year, an accounting of <strong>FLACS</strong>'s financial transactions and condition;and prepare reports on financial issues required by an agreement on loans. TheTreasurer shall have other such powers and perform such other duties as the Boardmay prescribe.Article IXCommitteesSection 1. The Board may create committees for any purpose, and the Board Chair shallappoint members to and designate the committee chairs.Response 13(e) - 4

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