Local Finances Submission Process
As per USJE Bylaws 11 Section 6 local are required to file local finances to the National Office annually by March 31st. All template forms can be found below and can be downloaded for your convenience.
Your RVP’s receive reports by-annually and will reach out to their locals that are behind in filing their documentation, if locals fail to submit documentation, all dues older than 3 years will revert back to general revenue as per Resolution of Record APR 92 NE.
Level I
Locals receiving annual rebate income in excess of $25,000, must undertake a ‘Review Engagement’ of their finances by the USJE Director of Finance and Administration. This is in addition to the document requirements set out in Level II below.
Level II
Locals receiving yearly rebate income less than $25,000 are required to submit the following documents to the USJE National Office on an annual basis:
- Treasurer’s Excel File (Which includes income statement, revenues and expenses, monthly bank reconciliation, proposed budget)
- Bank Statements (One for each month);
- General Bank Account Statement (each month),
- Other Bank Account Statement(s) (each month), if any;
- Investment Account Statements (each month), if any;
- Local Bank Account Information Form (Account Signatories)
- Membership Financial Review Statements (an email or the Financial Review Statement by two members stating they reviewed and have approved the local finances as presented).
- For purpose of auditing, Locals may use one of;
- An accredited chartered accountant;
- Two members of the local who are not on the local executive, nor relatives of the executives members;
- For purpose of auditing, Locals may use one of;
- Most recent Copy of your Local Bylaws;