Finance Committee
The RTO Finance Committee consists of up to six members that oversee the organization’s financial health by managing budgeting, financial planning, reporting and fund investments. It ensures compliance with policies and legal requirements, monitors income and expenses, and provides recommendations to the Board on financial strategies. The committee may also oversee audits, reviews and risk management helping ensure the organization’s financial sustainability and transparency. It is chaired by the Treasurer; the committee plays a critical role in maintaining stakeholder and member trust.
RTO Finance Committee
Back Row left to right: Stephen Surette, Bill Berryman, Jim Kavanauagh (Treasurer) Front Row left to right: Bonnie Mahaney, Alyson Hillier, Pat Hillier.
Contact a Finance Committee Member
Please complete and submit this form to contact a member of the RTO Finance Committee.
Mandate of the Finance Committee
The Finance Committee’s responsibilities are to prepare an annual budget, control the finances of the RTO, provide recommendations to the RTO Executive on provision of financial services or financial matters, review recommendations to RTO Executive on matters relating to finances, monitor all RTO expenditures, verify Teachers Plus Credit Union reconciliation, review financial statements for presentation to RTO Executive, review and report on matters of a financial nature, review Johnsons’ monthly statement and carry out all duties as assigned by RTO Executive.
