Purpose and Function of Committee:

This Committee assists the Village Treasurer in his or her responsibility for the Management of Village Funds and assets, including investment and disbursement in the best interest of the Village, including, but not limited to:

• Review and recommendation to the Board of payments of invoices presented to the Village.
• Formulation and recommendation of the Village Budget to the Board.
• Semi-Annual review of performance as compared to budget forecast, with report of findings to the Board.