Developing an audit committee to review the 2021 fiscal year financials, and for other purposes.

Whereas, The 2021 fiscal year came to a close on July 31, 2021; and

Whereas, It is standard practice to audit an organization’s financial statements to ensure compliance with the Board adopted Policies & Procedures and industry financial practices; now, therefore be it

Resolved, That the Board of Directors hereby forms an Audit Committee to be composed of Ms. Tracie Carmel, Ms. Alice Goodrick, Ms. Michele Leyendecker, Ms. Sarah Avalos, Ms. Erin Englund, and Ms. Kiara Smith; and

Resolved, That Mr. Andrew Kuntz shall serve on the committee as a non-voting, ex-officio member; and

Resolved, That the Audit Committee shall be chaired by Ms. Michele Leyendecker; and

Resolved, That the purpose of the Audit Committee is to review the organization’s financial records for the 2021 fiscal year for compliance with Board adopted policies and industry standard financial practices; and

Resolved, That the Audit Committee shall review a list of expenditures during the 2021 fiscal year and request supporting evidence, such as receipts, contracts and any other evidence necessary to confirm compliance with Board approved spending limits; and

Resolved, That the Audit Committee shall interview the State Adviser and Board Treasurer for confirmation on processes established by the contracted financial services team; and

Resolved, That the contracted financial services team and any member, officer and employee of Arizona Family, Career and Community Leaders of America, Inc. be directed to comply with all requests, within reason, of the Audit Committee as it seeks to maintain an impartial position – the ideal position when reviewing finances; and

Resolved, That the Audit Committee shall submit a final report to the Board of Directors at its meeting on November 19, 2021 with its findings and recommendations; and

Resolved, That upon its final report to the Board of Directors on November 19, 2021, the Audit Committee shall be dissolved; and

Resolved, That a financial report shall be presented by the Vice President of Finance to the voting delegates during the annual business meeting at the State Leadership Conference.