Board Meeting on December 5, 2015
Board Resolutions
Resolution Nr. 1
The ALA Board has reviewed the existing, written Investment guidelines and agrees that they represent ALA’s current investment position.
Resolution Nr. 2
The ALA Board accepts the financial reports (Statement of Financial Position and Budget vs. Actual) as presented.
Resolution Nr. 3
The ALA Board resolves that, for expenses not detailed in the budget, a Board resolution is required if the expense in question is greater than or equal to $5000. If the expense is less than $5000, the approval of both the appropriate Office director and the President suffices.
Resolution Nr. 4
The ALA Board adopts the ALA FY2016 budget proposal. The budget will be formally adopted by the 65th ALA Congress delegates in Los Angeles in May 2016.