Article XII: Finance
The revenues of this Chapter shall be derived from annual dues, contributions, and from such other sources as may be approved by the Chapter.
When the annual dues established by the Chapter in accordance with Article IV, Dues, include dues of the American Association of University Professors, the Chapter shall pay the dues of such members to the national office as soon as they become payable.
After consultation with the Executive Council of the Chapter, the Treasurer, with his/her supervised designee, shall present a budget of expected revenues and expected expenditures for the ensuing year to the Chapter at its February meeting. Expenditures of Chapter funds for the ensuing fiscal year shall be in accordance with the budget adopted by the Chapter. It is the responsibility of the Executive Council to control expenditures in accordance within the budget. The Executive Council may make small reallocations of up to $1,000 within the total Chapter budget in cases of unexpected expenses.