1) The Treasurer shall maintain the district budget and present an update of revenue and expenditures at each meeting of the Board, and to the Kiwanis Board at the Kiwanis District Convention and Mid-Year Conference.

2) Revenues shall consist of district membership dues, subsidies from the Kiwanis District's Earl Collins Foundation, profits from district events, and surplus remaining from previous fiscal years. Expenditures shall include district officer expenses, Board expenses, administrative expenses, and other items as deemed appropriate by the Board.

3) Once financial transactions are complete for an administrative year, all records shall be made available to the Kiwanis appointed Financial Advisor for an audit. Any budget deficit shall be absolved using district account funds. No member of the Board shall be held accountable for debts accrued by their predecessors.

1) To qualify for reimbursement, Board members must currently be in compliance with their service agreement.

2) Reimbursements will only be made by submission of a completed expense report, any supplements, appropriate receipts, and copies of phone bills. (See Appendix F)

3) Reimbursement requests must be approved by the Administrator, Governor, and Treasurer prior to disbursement of funds.