by JOEL CALAMBA ESCOL, Managing Editor
CAGAYAN DE ORO CITY – District Governor Elect Gilda “Gigi” Go has appointed Rotarian Montserrat Aberilla as District 3870 Treasurer for Rotary Year 2023-2024.
The District Finance Committee has the following members: District Finance Chair, DISTRICT TREASURER, Asst. District Treasurer, District Auditor, and Fundraising Chair.
They work closely with the District Governor to maintain the transparency of district finances and keep proper records of income and expenditures.
For the incoming Rotary year 2023-2024, I have appointed Rtn MONTSERRAT ABERILLA as DISTRICT TREASURER. Rtn Manette, as she is fondly called by family and friends, belongs to the Rotary Club of Kalayaan Cagayan de Oro. I have great confidence in her because of her years of impeccable record as Treasurer not only in my club but in other organizations as well.
Thank you very much, Rtn Manette, for accepting the appointment!
Role of District Treasurer in Rotary
The District Treasurer is an important role in Rotary International, which is responsible for managing the finances of the district. The treasurer works closely with other district leaders, including the District Governor, District Secretary, and District Committee Chairs, to ensure that the district’s financial resources are being used effectively to support the goals of Rotary.
Some of the key responsibilities of the District Treasurer in Rotary include:
Managing the district’s budget: The treasurer is responsible for preparing and managing the district’s annual budget. This involves working with district leaders to identify the district’s financial needs and priorities, and then developing a budget that allocates resources accordingly.
Monitoring financial transactions: The treasurer must keep track of all financial transactions made by the district, including donations, expenses, and reimbursements. This requires close attention to detail and an understanding of accounting principles.
Reporting financial information: The treasurer is responsible for providing regular reports on the district’s financial status to district leaders and members. This includes preparing financial statements, balance sheets, and other reports that help to track the district’s financial performance.
Ensuring compliance: The treasurer must ensure that the district is in compliance with all financial regulations and guidelines set forth by Rotary International. This includes following proper accounting procedures and maintaining accurate records.
Overall, the District Treasurer plays a critical role in ensuring that the financial resources of Rotary are being used effectively to support the organization’s mission of promoting peace, fighting disease, providing clean water, saving mothers and children, supporting education, and growing local economies. ###
District Governor Elect Gilda “Gigi” Go, Rotary District 3870