The Fiscal Year of CAPE shall be January 1 through December 31.
The Finance Chair is the Fiscal Officer of the Board of Directors and, as such, is responsible for ensuring that Agency funds are received, handled, expended, and accounted for in accordance with sound business procedures, legal requirements and policies adopted by the Board of Directors and other public/private entities funding the Corporation.
There shall be an annual Agency-wide audit for the Corporation’s financial records in accordance with the terms and conditions of the funding sources, grants, and contractual requirements under the laws of the State of Indiana. The audits shall be performed by an independent Certified Public Accountant, approved by the Board of Directors.
All checks, drafts, or other instruments for payment of money, notes or other evidence of indebtedness issued in the name of the Corporation shall be signed by such officer(s), and/or agent(s) of the Corporation and in such a manner as shall from time to time be determined to the credit of the Corporation in such banks, trust companies or other depositories as the Board of Directors shall select.
The Corporation shall keep correct and complete books and records of accounts and minutes of the proceedings of Corporate Board meetings, standing committees and ad hoc committee meetings. The Corporation shall keep an accurate record of the names, address, telephone numbers, terms of office and date of term(s), appointments or elections of all officers and Board members, and shall maintain these records in the registered and principle office of the Corporation. Officers and directors of the Corporation shall have such access to books and records as may be required by law and as may be set forth by the Board of Directors.