Connect with the Committees – KASFAA Finance Committee

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The KASFAA Finance committee oversees the financial activities of KASFAA.

The Finance committee is working on a financial policy to guide KASFAA in the future years. This includes developing a guide for the budget process that will assist with continuity from year to year.

This committee is also responsible for working with the Treasurer and Treasurer-Elect to manage the recently created investment accounts.  These accounts should generate more interest, providing another revenue source for KASFAA.

Monthly, the committee is responsible for reconciliation between our checking account and records.

Annually, an internal review of the KASFAA books is conducted by the committee. The review was completed on August 6, 2019 and was successful. One of the minor findings was that the P&P needs to be updated to reflect the organization’s move from paper to electronic record keeping.

Finance Committee members are:  Mac Schwartz, Emporia State University, Tammy Higgins, Pittsburg State University, Kristine Bryant, Benedictine College, Debbie Brewer, Johnson County Community College and Linda Oldham Burns, Kansas Board of Regents

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Here is the 411 on our committee members:

Name: Debbie Brewer

  • Position on committee: Current treasurer
  • Position duties/responsibilities: To maintain the records of the association, pay the bills, record receipts, manage the annual budget, coordinate the filing of the annual 990, update the P&P and the Treasurer’s handbook,
  • Things accomplished for/with this committee:  I have assisted with the annual review by providing up to date and accurate records.  This year, we utilized electronic access to QuickBooks to do the review.
  • Length of KASFAA membership:  23 years
  • Position held at respective institution & length of time worked there:  Johnson County Community College, FA Accounting Supervisor – 23 years
  • Length of time in financial aid: 23 years
  • What sparked your desire to join the Finance Committee?  I love excel spreadsheets and am the current treasurer.

Name: Kristine Bryant

  • Position on committee: Member
  • Position duties/responsibilities: To review any items that come to the committee
  • Things accomplished for/with this committee:  Helped write this blog post
  • Length of KASFAA membership:  3.5 years
  • Position held at respective institution & length of time worked there:  Assistant Director of Financial Aid – 3.5 years
  • Length of time in financial aid: 3.5 years
  • What sparked your desire to join the Finance Committee?  I love numbers and have served on other finance committees in my past career.

Name – Tammy Higgins

  • Position on committee –  Treasurer-Elect
  • Position duties/responsibilities – receive incoming payment (not credit card, but other), recording them in QuickBooks and reconciling with the Treasurer. Any duties as assigned by the Treasurer.
  • Things accomplished for/with this committee – We finalized the annual audit, and I’ve then done lots of “active listening” to prepare for my role next year as Treasurer. Debbie’s a great teacher.
  • Length of KASFAA membership – 32 years in fin aid; 17 in KASFAA
  • Position held at respective institution & length of time worked there – Director of Student Financial Assistance at Pittsburg State University, Started in 1993, left in 2000, returned in 2009 – 17 years at PSU.
  • Length of time in financial aid – 32 years; 6 in MASFAA; 17 in KASFAA; 9 in OASFAA
  • What sparked your desire to join the Finance Committee? – Debbie Brewer is relentless. “It’ll be fun”, she said.  “We’ll do it together”, she said.  She’s right. It’s very do-able when you work with a great group of leaders before you.

Name: Linda Oldham Burns

  • Position on committee- Chair
  • Position duties/responsibilities- to make sure the committee work is being accomplished and work with Treasurer and Treasurer-Elect on any task
  • Things accomplished for/with this committee – Helping KASFAA transition to electronic treasurer information from paper and create policies that will serve the organization in the future
  • Length of KASFAA membership- 16 years
  • Position held at respective institution & length of time worked there- 13 years at Kansas Board of Regents
  • Length of time in financial aid- 19 years
  • What sparked your desire to join the Finance Committee?- I was graciously asked to join the committee

Name: Mac Schwartz

  • Position on committee- Member
  • Position duties/responsibilities- assist with the responsibilities assigned to the Finance Committee
  • Things accomplished for/with this committee – Helped with the annual financial audit
  • Length of KASFAA membership- 8 years
  • Position held at respective institution & length of time worked there- Associate Director – Processes & Compliance – Emporia State University – 2 years in current position and 8 years at ESU
  • Length of time in financial aid- 8 years
  • What sparked your desire to join the Finance Committee?- Try a new committee that I had not been on before

 

 

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