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D. Finances <br />1. Does your Board approve the annual budget and review regular financial reports of the operating <br />budget and capital tunds:1 How often is tnis review conaucrea <br />The Veterans Council annual budget forecast for the fiscal year is recommended by the <br />Executive Board, reviewed by the Finance Committee and approved by a majority vote of the <br />VCIRC voting members at the Annual Meeting in September. The Treasurer prepares monthly <br />and YTD financial statements, along with a budget status report for the Executive Board's <br />monthly meetings. Financial status is also reported at the monthly VCIRC meetings. <br />The Finance Committee, along with the Judge Advocate, advises the Executive Board in case of <br />any discrepancies or improprieties. VCIRC's bookkeeping is prepared by a local CPA and <br />reviewed by the Treasurer and Executive Officers. VCIRC also employs a second, unrelated CPA, <br />to audit its records annually and recommend efficiencies and additional safeguards to ensure <br />compliance. <br />2. Does any outside organization (such as a governmental unit) conduct periodic evaluations of the <br />agency's finances, management orprograms? If yes, list the agencies. <br />Dept. of Veterans Affairs, West Palm Beach, FL <br />FY2016 independent audit was conducted by Anthony Samons (attached). <br />FY2017 independent audit was conducted by Anthony Samons (to be completed by May 2018). <br />The Florida Department of Transportation provides an annual Certification of Equipment. <br />3. Are there any pending legal actions, claims, or disputes against your agency? <br />No <br />4. Check the financial year (agency's fiscal year) that you are using for this budget report. <br />July 1 — June 30 <br />January 1 — December 31 <br />XX Other, please specify October 1 — September 30 <br />204 <br />