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Finance Committee

The Finance Committee provides advice to the Executive Committee on the selection of the Commission's certified public accounting firm, reviews the results of the public accounting firm's annual audit, reviews and makes recommendations regarding the President’s proposed annual ECS budget, proposes to the Executive Committee changes in ECS’s accounting practices, and recommends strategic financial policies to the Executive Committee.

The Committee also makes recommendations to the Executive Committee regarding the following issues:  portfolio mission and objectives; appropriate asset allocation strategy; ECS investment policy consistent with objectives; and investment managers to implement investment policies.  In addition, the committee monitors investment results and alerts the Executive Committee to any problems.

2013-15 ECS Finance Committee Members

Chair: Melody Schopp
Secretary of Education, South Dakota Department of Education

Vice Chair: Christopher Koch
State Superintendent of Education, Illinois State Board of Education

John Bonaiuto
Government Relations Consultant, Nebraska Association of School Boards

Tom Horgan
President and CEO, New Hampshire College and University Council

The Honorable Shirley Turner
Senator, New Jersey Senate