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Members of the Association shall pay to the Association annual dues as recommended by the Board of Directors and approved by the Representative Council.

Section 2. Payment of Dues.

In order for the Association to plan the implementation of its programs for the coming fiscal year and know what financial resources it can expect for support, all dues of members are due and payable in full by a date set by the Board of Directors of each fiscal year unless a member elects to pay his/her dues through payroll deduction. Should a member go on leave or resign from the school system, the balance of his/her annual dues is due and payable to the Association at that time.

Section 3. New Member Dues Rates After April 1.

For those new employees entering the system after April 1, the effective date of their dues payment shall begin at the annual rate for regular members when the first dues are deducted by the Board of Education.

Section 4. Association Budget and Adoption.

The Representative Council shall adopt the annual Association budget at a Representative Council meeting. Prior to the Representative Council meeting, copies of the proposed budget will be distributed to Association members (no less than four (4) weeks prior to the Representative Council meeting). This shall happen before the end of the fiscal year.

The fiscal year of the Association shall be September 1 through August 31 of the following year.

Section 6. Books and Accounts.

Books and accounts of the Association shall be kept under the direction of the Treasurer in accordance with good accounting practices, consistently applied. The same shall include books with detailed accounts, in chronological order, of receipts and the expenditures affecting the Association and its administration.

Section 7. Auditing.

After August 31 of each year, the books and records of the Association shall be audited by an independent Certified Public Accountant recommended by the Executive Director and approved by the Board of Directors whose report shall be prepared and certified in accordance with generally accepted auditing standards.

Section 8. Execution of Corporate Documents.

With the prior authorization of the Board of Directors, all notes and contracts shall be executed on behalf of the Association by the President, the Treasurer, or the Executive Director and all checks shall be executed on behalf of the Association by such officers, agents, or other persons as are from time to time authorized by the Board of Directors.

Section 9. Seal.

The Board of Directors shall provide a suitable seal containing the name of the Association, which seal shall be in the charge of the Secretary.

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