Federation/Council finances

Each local program is guided by a  federation or council that collaboratively makes decisions about the program’s direction, including the development and approval of a budget for local 4-H programming, in accordance with established policies. 

Policies

Roles & responsibilities - Finance team members and duties

Account types - Checking, savings, certificates of deposit, University of Minnesota Foundation

Budget - Develop a budget, steps for approval, systems & forms for tracking & reporting

Financial practices - Deposits, purchases, uncashed or insufficient funds checks, tracking forms & guides

Reconciling & reporting - Best practices, year-end reporting, financial timeline, financial records

Resources

Calendar of tasks (Google Doc) - When to reconcile, review and report

Forms - Financial forms needed during the year

Quickbooks - User guides, video tutorials, printing reports

Contact:

Pat Morreim, program manager, morre002@umn.edu, 763-427-5428