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THESE MINUTES HAVE BEEN APPROVED AS AMENDED BY THE BOARD OF SELECTMEN Monday, December 7, 2020, 7:00 PM East ford Town Office Building 16 West ford Rd. East ford, CT 06242 MEETING TO BE HELD VIA TELECONFERENCE
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Determine the purpose and goals of the budget and finance committee.
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Select committee members with diverse backgrounds and expertise in finance and budgeting.
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Establish regular meeting schedules and set agendas for each meeting.
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Review financial reports and projections to make informed decisions.
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Discuss and approve budget proposals and financial plans.
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Monitor financial performance and recommend adjustments as needed.
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Present budget recommendations to the organization's governing body for approval.

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Any organization seeking financial stability and accountability
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The budget and finance committee is a group of individuals responsible for overseeing and managing the financial resources of an organization.
Certain organizations, such as non-profits or government entities, are required to file a budget and finance committee report.
To fill out a budget and finance committee report, one must gather financial information, create a budget, and document any financial transactions.
The purpose of the budget and finance committee is to ensure that an organization's finances are managed effectively and transparently.
Information such as income, expenses, budgets, and financial transactions must be reported on a budget and finance committee report.
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