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FINANCE COMMITTEE April 12, 2023 9:00 a.m. Members: Leonard, Bender, Groat, Robust, Van Laeken9:00 a.m. Approval of previous meeting minutes9:00 a.m. Resolutions Referred to Committee9:05 a.m. Information
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Verify the purpose and necessity of convening an Interim Finance Committee (IFC).
02
Select a chairperson to lead the committee.
03
Identify the members who should be part of the IFC.
04
Schedule regular meetings and ensure all members attend.
05
Review financial reports and recommendations for budget adjustments.
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Make decisions and recommendations based on the financial information discussed.

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Organizations or companies that require oversight of financial matters in the interim period between full finance committee meetings.
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The Interim Finance Committee (IFC) is a temporary committee established to oversee and manage financial matters, budget adjustments, and emergency funding requests during a legislative session.
State agencies, departments, or entities seeking budgetary adjustments or special appropriations are typically required to file with the Interim Finance Committee.
To fill out the IFC forms, applicants should provide details regarding the budget requests, justification for the funding, supporting documentation, and any relevant financial data as specified by the committee's guidelines.
The purpose of the Interim Finance Committee is to ensure responsible fiscal management by reviewing and approving budget changes, monitoring state spending, and addressing urgent financial needs.
Reports must include the proposed budget adjustments, the rationale for the modifications, detailed financial information, and any implications for the state budget.
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