The Finance Committee is responsible for the preparation and recommendation to the Board of an annual operating budget for the fiscal year of ISoP (January 1 – December 31). It monitors the income and expenditures of ISoP together with the Treasurer, who is the Chair of the Finance Committee, to assure compliance with the operating budget. It also provides advice and guidance in the investment of available funds of ISoP, designed to maximize net income and to provide for appropriate cash flow to assure discharge of ISoP’s financial obligations. Only Directors, Officers or appropriately qualified members of ISoP may serve on the Finance Committee.