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Functions and Duties

The Finance Advisory Committee shall serve as an external monitoring committee to the Durango School District 9-R Board of Education for OE-05 Financial Planning, OE-06 Financial Administration, and OE-07 Asset Protection. The committee shall meet on a monthly basis or otherwise as necessary.
In accordance with Colorado law, all meetings of the Finance Advisory Committee shall be open to the public. All minutes of said meetings shall be published in an appropriate manner.
The committee shall report on the results of its work to the Durango School District 9-R Board of Education twice annually or as otherwise requested.
The committee shall review the work of the District Accountability Advisory Committee (DAAC) as appropriate to clarify the DAAC priorities relative to funding and instruction.

Membership Information

Membership information including member qualifications, number of members, appointments, terms of office, removal from committee, compensation, and officers is defined by the Durango School District Board of Education under Board of Education Policy BC-05 exhibit B.

Committee Members	Term
Allison Aichele	July 2021-June 2023
Art Chase	June 2021-June 2023
Cheryl Wiescamp	June 2021-June 2023
Doug Reynolds	June 2022-June 2024
John Wells	June 2021-June 2023
Mick Souder	June 2022-June 2024
Tim Zink	June 2022-June 2024
Rick Petersen	Ex-Officio Board Member

Frequently Asked Questions

Why a Finance Advisory Committee?

In accordance with the Government Finance Officers Association (GFOA) as well as recommendations made in past Durango School District 9-R financial audit management letters, the Durango School District 9-R Board of Education herein establishes a Finance Advisory Committee. The Board of Education recognizes the need for a Finance Advisory Committee as an external monitoring committee to help ensure continued financial safety and soundness in the district. The Finance Advisory Committee shall review and monitor the financial operation of the district.

What is a Board Committee?

A committee is a board committee only if its existence and charge come from the board, regardless of whether board members sit on the committee. The only board committees are those which are set forth in the policy. Unless otherwise stated, a committee ceases to exist as soon as its task is complete or its time frame has expired. For more information see Board of Education Policy BC-05.

What qualifications do members need?

Member qualifications are defined by the Durango School District Board of Education under Board of Education Policy BC-05 exhibit B. Members collectively possess expertise and experience in accounting, auditing, and financial reporting needed to understand and address financial issues within the district. The member of the Finance Advisory Committee, excluding ex-officio members, shall not hold any other office in the district or be an employee of the district.

Upcoming FAC Meeting Dates

Please note that meetings are scheduled from 8:00 am-9:30 am (except as noted) in the conference room at the District Administration Building, 201 East 12th Street.

September 16th, 2022

October 21st, 2022

December 9th, 2022 (Rescheduled from November 18th)

December 16th, 2022 - Cancelled

January 20th, 2023

February 17th, 2023

March 17th, 2023

April 21st, 2023

May 19th, 2023

June 16th, 2023

FAC Approved Meeting Minutes