The Finance & Budget Committee (FBC) provides essential oversight and guidance to ensure AGA’s financial health aligns with its mission and strategic goals. By recommending budgets, evaluating financial performance, and strengthening internal controls, the committee helps safeguard AGA’s resources and promote long-term organizational sustainability.
What the Finance & Budget Committee Does
As AGA’s primary body for financial oversight, the FBC advises the National Governing Board (NGB) on policies and decisions that support fiscal responsibility, risk management, and alignment with strategic priorities.
Key Responsibilities Include:
Budget and Financial Planning
- Reviewing and recommending approval of AGA’s annual operating and capital budgets
- Assessing long-term financial goals and two-year budget plans aligned with strategic initiatives
- Monitoring AGA’s financial and program performance against approved budgets and organizational benchmarks
- Evaluating financial implications of proposed new or discontinued programs and making recommendations to the NGB
- Reviewing significant proposed budget revisions that exceed approved thresholds
Reporting and Transparency
- Maintaining a clear system for financial reporting, including frequency, content, and distribution
- Presenting financial performance analysis to the NGB to aid in strategic decision-making
Internal Controls and Risk Management
- Monitoring and recommending improvements to AGA’s internal control systems
- Advising on policies that protect AGA’s assets and manage financial risk exposure
Tracking corrective actions based on audit findings, internal control reviews, and staff assessments
Who Serves on the FBC
The FBC is composed of at least nine members, combining elected leadership and at-large representatives:
- Chair – National Treasurer
- Vice Chair – National Treasurer-Elect
- Immediate Past Treasurer
- At least six at-large members from across AGA’s professional membership
At-large members serve three-year terms and may be reappointed, but no member may serve more than six consecutive appointed years. Appointments are made by the National Treasurer and approved by the National President. Committee composition reflects a balance in professional background, employer type, and geography to ensure a broad range of perspectives.
Interested in Supporting AGA’s Financial Leadership?
If you have a strong background in budgeting, auditing, risk management, or nonprofit finance—and want to help guide AGA’s fiscal strategy—the Finance & Budget Committee is a valuable way to contribute. Applications for the FBC will open in Spring 2026.
