• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • FAQs
  • Calendar
  • Blog
  • Volunteer
  • Fundraising
  • COVID-19
  • Online Learning
Fort Collins Montessori School

  • ABOUT FCMS
    • Mission, Vision & Values
    • New Campus Opening Fall 2020
    • Staff
    • Board
    • AMI/USA Member School
    • Committees
    • Fundraising
    • Policies
    • Charter School Contracts
    • Financial Transparency
  • Curriculum
    • Classic Montessori
    • Primary
    • Elementary
    • Before and After School Care
    • Extracurriculars
  • Enrollment
    • Preschool Enrollment
    • K-6th Grade Enrollment
    • Family Handbook
    • Family Directory
    • Tuition & Fees
    • Procare Connect
    • Forms
  • The Montessori Approach
    • About Montessori Education
    • Why Choose Montessori
    • Montessori Research
    • Philosophy
    • Notable Montessorians
    • Links & Videos
  • Contact
    • Contact Us
    • Subscribe to Updates
    • Employment Opportunities
    • Follow On Facebook
    • Follow on Instagram

Finance Committee

 

Purpose

The purpose of the Finance Committee is to ensure year-to-year and long-term fiscal soundness for FCMS. The Finance Committee is solely an advisory body and in no event will exercise any of the powers of the Board.

Composition

The Finance Committee shall consist of:

  • The FCMS Head of School
  • The Treasurer of the FCMS Board of Directors
  • Up to one other Director, as appointed by the Board
  • Up to two unrelated parents or legal guardians of students currently enrolled at the school who are appointed to the Committee by majority action of the current Committee members.

Responsibilities

Finance Committee responsibilities include the following specific responsibilities and other similar responsibilities, including those that may be conferred on the Committee by the Board:

  • Assist the treasurer and administration in their efforts to keep accurate accounts of all monies of FCMS, received or disbursed;
  • Review the deposit of all monies, electronic fund transfers, drafts and checks;
  • Assist administration in the care and custody of the corporate funds and securities;
  • Review the monthly bank statements;
  • Review the policies and procedures of administration related to the power to endorse for deposit all notes, checks and drafts received by FCMS;
  • Review the proper procedures related to vouchers therefore;
  • Report to the Board President and the Board of Directors, at the monthly Board meetings and on other occasions as needed, an account of the financial condition of FCMS, including:
    • A report on actual expenditures compared to the annual budget;
    • A balance sheet, and
    • A report of financial transactions as compiled by the school Administration.
  • Ensure satisfactory completion of each year’s audit.

 

Primary Sidebar

Contact Us

Phone (970) 631-8612

Email
[email protected]

Address
1109 W Harmony Rd
Fort Collins, CO 80526

he Association Montessori International/USA member school colorado

News & Announcements

  • New FCMS Virtual Tour
  • FCMS Board Meeting Agenda December 17, 2020
  • FCMS Board Meeting Agenda November 19, 2020
  • Parent Education: Sleep and Your Wellbeing
  • Letter From the FCMS Board – October 2020

Footer

Fort Collins Montessori School

1109 W Harmony Road
Fort Collins, CO, 80526
970-631-8612

Email Us

Search Our Site

Quick Links

  • Announcements/Blog
  • Procare Connect
  • Donate to FCMS

Start Receiving News & Announcements

  • This field is for validation purposes and should be left unchanged.
  • Contact
  • Employment
  • Site Map
  • Privacy Policy

© 2021 Fort Collins Montessori School · Website donated by Road Warrior Creative