Budget & Finance Committee

The budget submitted annually for approval by the membership at the annual meeting is developed by the Budget & Finance Committee. The budget is developed to ensure sufficient funds are programmed into the annual operating budget, adequate reserve funds are retained, and to make recommendations to the Board of Directors concerning the establishment of formal policy related to the financial management of the Association.

Budget & Finance Committee Charter

Budget & Finance Committee Members

Peter Frank, Chair
Doug Taggart, Board Liaison
Heather MacDonald, Staff Liaison

Dave Marr
Mark Notar
Thomas Rachele
Vicki Smith

Budget & Finance Committee Announces FY 09 Budget Schedule


NOVEMBER 8, 2007
: A public meeting at the MPOA building at 7:00 p.m. so the Budget & Finance Committee can present the draft budget to the membership and receive comments while in draft form.

NOVEMBER 14, 2007: The Budget & Finance Committee will present the draft budget to be reviewed by the Board of Directors at 7:30 p.m. at the MPOA building.

Budget & Finance Committee: Looking for New Members

The Budget and Finance Committee is recruiting for a minimum of two new committee members for 2007. The first meeting of the committee will be sometime in August and should last less than an hour. Meetings are normally held at 7:30 p.m. at the MPOA building. There are normally two meetings in September, two meetings in October and three meetings in November. The FY09 draft budget must be submitted by the Budget and Finance committee to the Board of Directors at the December BOD meeting. If a member has to miss a meeting, there will be e-mails to bring them up to date. To join the Budget and Finance Committee, fill out a volunteer form online at www.montclairva.com or pick up a form at the MPOA office. For more information, e-mail Chairperson Terry Tallent at terrytallent1@comcast.net.

Budget & Finance Committee Update

BUDGET & FINANCE: LOOKING FOR NEW MEMBERS

Terry Tallent, Chairperson

The Budget and Finance Committee is looking for two new committee members to replace two who will be unable to serve next year's budget cycle.  The committee normally begins work late August and meets as needed until early December.  Meetings usually occur every other week in September, October and November, and only last about two hours; they are held at 7:30 p.m. on weeknights.  The total commitment is about an hour in August, four hours in September, 4 hours in October, and roughly four to eight hours in November.  The committee chair is very flexible when it comes to being physically present and can conduct committee updates by e-mail so members who miss a meeting do not feel left out of the process.  Our community needs your help!  Make a difference and volunteer for the Budget & Finance Committee. 

Services in Montclair

Attached is the February 22nd Town Hall Brief that addresses Services in Montclair and the FY2008 Proposed Budget. If you have any questions please e-mail them to Dougtag@aol.com or dtaggart@montclaiva.com.

FY2008 Budget

Attached below is the FY2008 budget approved at the 2007 Annual Meeting by a majority vote of the membership.