Shall receive and disburse all funds of the Association.   Shall deposit all funds received in a reasonable amount of time; in excess of Two Hundred Dollars ($200.00), the funds will be deposited within (3) working days.  Shall keep accurate and customary records of all disbursements, receipts and new balance on hand.  All checks being disbursed must be signed by two (2) Board members.  No funds of the Association may be given to, donated or expended to any club, or group of individuals who are not members of the Association, except for organized charities.  The Board may make an expenditure of up to One Thousand Dollars ($1,000.00) with the majority of the Board’s approval.  The President may authorize expenditures of up to Two Hundred Dollars ($200.00) per month.  The Treasurer shall also be a member of the Financial Committee and as such shall be responsible for providing the committee with such data as required in order for the committee to determine the financial status of the Association and be able to prepare the proposed budget for the ensuing calendar year no later than December 1st.  No project, purchase, capital improvement or any other expenditure exceeding One Thousand Dollars ($1,000.00) (in aggregate) shall be made without prior budgeting or funding approval by the membership in accordance with Article VI, Section 1 and Section 5A.