Finance and Legal Committee
Present: Jere Kovach, Chairman and member Board of Directors
Randy King, Acting GM-Ex Officio
Absent: Gene Root, Vice-Chairman
Jim Vandel, Secretary
The meeting was called to order at 3:00 p. m.
The minutes of the August 31,2009 meeting were approved.
There was a discussion of the recently received 2008 audited financial report. Jere Kovach reported that the Board of Directors had asked him to look for alternative firms that might be used in the future. He recommends Hirschi DeCoria and Company, PC of Afton, Wyoming. This is a firm that specializes in audits for government agencies and non-profit corporations. They will visit the SVR business office in early October to look at our books. They will give us a bid for doing the 2009 audited financial report.
Randy King presented the latest 2010 draft budget. He is working closely with the department heads to develop finer details on capital budget requests. We will have the opportunity to review Randy’s final draft at our next meeting. This draft, including our modifications, will be presented to the board at their next workshop. The goal is for the board to pass the budget and set the 2010 assessment at their October general meeting.