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It should also be noted that economic development (and tourism) funds received from the <br /> County do not pay for the total expenses incurred by the economic development efforts of <br /> the Chamber. In reality, Chamber revenues — private dollars received through Chamber <br /> member dues and special events - offset and subsidize the services performed by the <br /> Chamber for economic development (and tourism). <br /> 2. Does any outside organization (such as a governmental unit) conduct periodic <br /> evaluations of the agency's finances, management or programs? If yes, list the agencies. <br /> As noted earlier, an audit or review of the economic development office is conducted by a <br /> local CPA firm each year. As a private non-profit organization, the Chamber is not subject to <br /> government agency review of finances, management, or programs. However, the Economic <br /> Development Director provides regular reports to the Economic Development Council <br /> regarding current and planned activities, as required by the Economic Development Element <br /> of the county's Comprehensive Plan. <br /> 3. Are there any pending legal actions, claims, or disputes against your agency? If yes, <br /> please explain. <br /> No <br /> 4. Check the financial year (agency's fiscal year) that you are using for this budget <br /> report. <br /> July 1 — June 30 January 1- December 31 <br /> X Other, please specify: October 1 through September 30 <br /> 11 147 <br />