
	Thursday December 4, 2008

Finance Committee

home

English

»	committees

finance

»	terms-of-reference.cfm

TERMS OF REFERENCE

As befits a union representing workers at Revenue Canada and its successor Agency, the UTE watches its pennies and takes its finances very seriously.

A National Finance Committee, chaired by the UTE Vice-President responsible for Finance, was established in 1996 to oversee all union expenditures. Two additional members of the Executive Council plus a member elected by the Presidents' Conference and the staff Administrative Service Officer round out the committee’s membership.

The mandate of the committee includes:

Ongoing review of the UTE’s financial position.
Recommending changes to our by-laws or regulations regarding financial matters.
Detailing guidelines for expenditures on such specific items as conferences, equipment acquisitions, computer communication, etc.
Developing the Triennial Convention budget that is presented to the Executive Council for approval.

Despite expanded services, prudent financial administration has kept our union in a sound financial position. This has been achieved through wise investments, as well as using fiscal responsibility when dealing with our expenses.

Visit often, and send us your comments to the webmaster@ute-sei.org if you have any problems.