The Finance Committee shall be responsible, in cooperation with the Treasurer and Executive Director, for recommending the annual budget for operations of the corporation, reviewing monthly financial statements, internal financial policies and procedures, and for making recommendations for investment of excess operating funds. Additionally, the Committee shall recommend the allocation of funds for specific programs.
(a) Members of the Committee shall include the Treasurer as Chairperson; a representative selected by the Junior Olympic Wrestling Committee, three (3) athletes per Subsection 7.1.8, and three (3) others elected by the Board, for a total of eight (8).