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INDIAN RIVER COUNTY NONPROFIT / QUASI AGENCY REQUEST FOR FUNDING <br />D. Finances <br />1. Does your Board approve the annual budget and review regular financial reports of the operating budget <br />and capital runciy How often is tnls review conducted"? <br />The Veterans Council annual budget forecast for the fiscal year is recommended by the Board of <br />Directors, reviewed by the Finance Committee and approved by a majority vote of the VCIRC voting <br />members at the Annual Meeting in September. The Treasurer prepares monthly and YTD financial <br />statements, along with a budget status report for the BOD monthly meetings. Financial status is also <br />reported at the monthly VCIRC meetings. <br />The Finance Committee, advises the BOD in case of any discrepancies or improprieties. VCIRC's <br />bookkeeping is prepared by a local CPA and reviewed by the Treasurer and Executive Officers. VCIRC <br />also employs a second, unrelated CPA, to audit its records annually and recommend efficiencies and <br />additional safeguards to ensure compliance. <br />2. Does any outside organization (such as a governmental unit) conduct periodic evaluations of the <br />a enc -s nuances, management or programs'? It yes, list theagencies. <br />Dept. of Veterans Affairs, West Palm Beach, FL <br />FY2016 independent audit was conducted by Anthony Samons <br />FY2017 independent audit was conducted by Anthony Samons <br />FY2018 independent audit was conducted by Anthony Samons <br />FY2019 independent audit was conducted by Anthony Samons (attached) <br />FY2020 independent audit was conducted by Anthony Samons (final copy pending May 31) <br />The Florida Department of Transportation provides an annual Certification of Equipment. <br />3. Are there any pendinglegal actions, claims, or disputes against your agency? <br />NO <br />4. Financial year (agency's fiscal year) that you are using for this budget report. <br />October 1 — September 30 <br />169 <br />