Financial Statements

The HVRA Treasurer prepares Budget files for planning purposes each year and presents them periodically to the Board.

The Treasurer presents Financial Statements for membership approval at the Annual General Meeting. Each Financial Statement lists actual revenues and expenditures over the fiscal year (January to December), compared to those of the past two years, indicating HVRA’s financial situation as it enters the new budget year. The Board also sees year-end statements soon after the end of each fiscal year.