Finance!September Executive Report

Financial Report

Bank Account Change

Procedural Changes

Internal Improvements

Contents

Strong Beaverdam Sales◦ Alcohol◦ Clothing◦ Sponsorship

(Steamwhistle)

Successful O Week

Received September Transfer

Financial Update

Bank Account Change

Scotiabank (Challenge) TD (Solution)

Imposed financial liability on councilors

Limited banking services

No credit available

High fees-Poor value

New banking services diminish personal liability

Extensive banking services

Credit available

Lower fees-excellent value

Less than $1 000

Greater than $1 000

New Expense Reports

Prior approval from your VP or Pres.

Prior approval from VP Finance

Online Form, Print Submission

Procedural Changes

Internal Improvements Inventory Control at

Beaver Dam

More Detailed Reporting

Bank Account Reconciliation

HST