Finance Committee

AUPE’s Constitution sets out the duties of the Finance Committee as follows:

The Finance Committee shall:

1. make recommendations for the proper administration of the finances of the Union;
2. ensure that a proper and complete record of the financial affairs of the Union is accurately maintained at all times;
3. ensure that expenditures are lawfully made;
4. recommend to the Provincial Executive the transfer of budget allocations;
5. make recommendations to the Provincial Executive with respect to the funding of components;
6. ensure monthly financial statements are provided at each Provincial Executive meeting;
7. accept applications for grants in aid and recommend approval or denial of such applications to the Provincial Executive;
8. make recommendations to the Provincial Executive and to the Executive Secretary-Treasurer in respect of methods of financing and investment of the Union’s funds;
9. review budgets of components, and where required by this Constitution, approve, amend, or reject those budgets, and where appropriate, make recommendations to a component concerning its budget;
10. review the proposed annual budget of the Union as presented by the Executive Secretary-Treasurer and may amend or modify that budget;
11. present, through its Chair, a proposed annual budget for the Union to the Provincial Executive;
12. present the proposed annual budget for the Union, as approved by the Provincial Executive, to Convention; and
13. review major expenditures which are not provided for in the annual budget approved by Convention, or do not pertain to current negotiations.