Dear Sirs and Companions,
The Finance Committee
The Finance Committee of the Grand Chapter has two major responsibilities. Number one is to set the budget based on past year’s financial statements, after adjusting for any anticipated increases and decreases, both in expenses and income. Secondly, the Finance Committee has the responsibility of monitoring all major variances between the actual and budgeted income and expenses.
The Finance Committee reports bi-annually at the Grand Executive meetings. Finally a report is given at the Grand Chapter Convocation for approval by the delegates.
Sincerely and Fraternally,
R. Ex. Comp. George Fairbairn, Chairman.
M. Ex. Comp. Richard Jackson & R. Ex. Comp. Tom Janes