Each year after August 31 and prior to the organizational meeting of the board, in odd numbered years, the board will hold its annual meeting.
At the annual meeting, the board will examine the financial books and settle the board secretary/business manager’s statements for the fiscal year ending the preceding June 30. As part of the annual reports, the board secretary/business manager will present affidavits from depository banks. The board may also appoint the board’s legal counsel.
Legal Reference:
Iowa Code §§ 279.3, .33
Cross Reference:
206.3 Secretary - Treasurer
701.1 Depository of Funds
707 Fiscal Reports
Approved July 1999
Reviewed February 2024
Revised ____________