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Candy Williams, Chair
Finance Committee Mission Statement
The Treasurer and Finance Committee in conjunction with the Board oversee financial operationsthat support the mission, values and strategic goals of the Sherman Oaks neighborhood Council (SONC). The Committee undertakes finance related projects, vets proposed funds expenditures presented by SONC Committees, community based 501(c)3 not for profit registered organizations and public institutions: schools, parks, police and fire prior to presentation to the Board and ensures expenditures, accounting and reporting compliance with the Department of Neighborhood Empowerment (DONE) and City of Los Angeles guidelines, procedures and policies which govern the neighborhood council system.
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The Finance Committee conducts its business by reviewing and prioritizing agenda requests for Board action (generally either in the form of a motion or letter) or announcements submitted by stakeholders, governmental entities and other interested individuals and organizations. The Administrative Committee has the discretion to postpone an request, refer it to a specific committee for review and recommendation, treat it as an announcement or consider and resolve it as a non-Board administrative matter.
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