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D. Finances <br /> 1. Does your Board approve the annual budget and review regular financial reports of the operating budget and <br /> capital funds? How often is this review conducted? <br /> Senior Resource Association, Inc. Board approves the annual budget before it is implemented. The Finance <br /> Committee reviews the monthly financial statements which are presented at the Board meeting. <br /> 2. Does any outside organization (such as a governmental unit) conduct periodic evaluations of the agency's <br /> finances, management or programs? If yes, list the agencies. <br /> Outside organizations that conduct periodic evaluations of Senior Resource Association's finances, <br /> management or programs include: Indian River County Metropolitan Planning Organization, Florida Department <br /> of Transportation, Federal Transit Administration, Florida Commission for the Transportation Disadvantaged, <br /> Transportation Disadvantaged Local Coordinating Board, Area Agency on Aging and the Florida Department of <br /> Elder Affairs. In addition to these evaluations, SRA hires independent auditors to conduct an annual audit and <br /> prepare the single audit report. <br /> 3. Are there any pending legal actions, claims, or disputes against your agency? If yes, please explain. <br /> Yes, there is a claim involving a vehicular crash on 11/26/2016. York Risk Services will be representing, Senior <br /> Resource Association, as the driver was cited as the at fault driver. <br /> 4. Check the financial year(agency's fiscal year) that you are using for this budget report. <br /> X July 1 -June 30 <br /> January 1 - December 31 <br /> Other, please specify <br /> 215 <br />