File F-033-12 - Finance Committee - October 1977

When it was formally established as a standing committee of the College Council in 1975, the primary function of the Finance Committee was to advise the Council and Administration on significant financial and business matters, present recommendations on the disposition of financial documents, and make recommendations on proposals related to major financial decisions. The Committee was also tasked with reviewing drafts of the College’s operating budget, capital needs and the capital budget, financial statements, and voucher lists.

In 1981, following the split between Douglas and Kwantlen, the Finance Committee (by then a committee of the College Board) amalgamated with other committees to become the Finance, Facilities and Personnel Committee.