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Committee Charge
The district’s Finance Committee is charged with overseeing the district’s financial planning processes, including budget development, implementation, and evaluation; maintenance of dedicated reserves; monitoring of unreserved fund balance; and fiscal reporting and transparency.
Committee Leadership
The chair of the committee shall be a standing Board member, nominated by the committee and approved by the Board of Education.
Membership
Each year the board of education shall appoint three members to serve on the Finance Committee. The term of appointment shall be one academic year (July 1 – June 30).
In addition to the three appointed board members, the committee’s membership shall include:
- Superintendent of Schools (or designee)
- Assistant Superintendent for Business and Operations (or designee)
At the board’s discretion, the committee’s membership may include up to two representatives from the Niskayuna community with experience or expertise in public finance or accounting.
Meeting Schedule
The Finance Committee shall meet a minimum of five times each year: once each in July, September, November, January, March, and May.
Additional meetings may be convened on an as-needed basis by the committee chair. Meetings shall generally be held from 3:30-4:30 p.m.
Reporting Requirements
Meeting agendas are posted on the Niskayuna BoardDocs system prior to each meeting. Meeting minutes and video recordings are available in BoardDocs after they are approved at the subsequent meeting. If you are looking for minutes from a meeting that is not archived in BoardDocs, please contact the Communications Office.