The Finance Committee (previously called the Budget Committee) consists of the Treasurer (who chairs the committee) and Alternate Treasurer, Delegate and all past Treasurers and Delegates who wish to serve. The committee usually meets quarterly (or as needed) to review and make recommendations on area financial matters. A primary duty of the Finance Committee is to propose a draft annual area budget which is presented by the Treasurer for review at the Fall Area Committee Meeting and approval at the Winter Assembly. The committee also oversees two area bank checking accounts: one for operating funds and one for prudent reserve funds. Separate signatories for each account are determined by the committee from among the committee members willing to serve as a signatory.