The Budget and Revenue Committee shall establish and maintain procedures to implement the budget with the approval of the Executive Committee of the Maryland State Firemen’s Association. The Committee shall supervise the compilation of the MSFA annual budget and submit same with recommendations to the Executive Committee for final approval.
The Budget and Revenue Committee solicits budget proposals from all officers and Committees of the Association desiring funding before May 1st of each year. These requests are reviewed in May and adjusted if needed to meet the funding constraints or needs of the Association. The Committee also works to make best use of all resources and to eliminate any duplication of services or frivolous items.
Once the budget is prepared, it is then presented to the Executive Committee for review at the June meeting preceding the Annual Convention . At the first meeting immediately following the Annual Convention, the Executive Committee will adopt the new fiscal year budget.
The Budget and Revenue Committee is responsible for the implementation of the budget and the maintenance of such throughout the fiscal year. The Committee will periodically make recommendations which will result in improved financial operations and fiscal conservation.