Financial Advisory Committee – December 2019 Report

The group met 1 time this quarter.

Recent Activities

First Activity
The Financial Advisory Committee met online as a group on October 23. The committee reviewed the LITA budget information from the previous and current fiscal years, discussed budget shortfalls and projections and developed a general assessment of the association's fiscal health, which chairperson Michael Rodriguez delivered as an oral report to the Board of Directors on October 24. We agreed to meet next in January 2020, or whenever the preliminary FY21 LITA budget is distributed to the FAC.
Meets LITA’s strategic goals for Organizational Stability and Sustainability

What will your group be working on for the next three months?
The Financial Advisory Committee will hold its second meeting in winter 2020 to review the current year's LITA budget and discuss the next fiscal year's budget, once information is distributed to us.

Submitted by Michael Rodriguez on 12/29/2019