CalMHSA’s Bylaws grants the Board of Directors the authority to adopt an annual budget, with oversight and direction provided by the standing Finance Committee. The Finance Committee reviews the quarterly financial statements and the monthly treasurers reports and monitors CalMHSA’s investments per the investment policy. The Finance Committee also monitors the regulatory financial requirements as well as reviews and approves the insurance policies and banking arrangements as well as provides oversight on CalMHSA’s annual audit.

Financial Audit