Chris Peterson, Linda Siple, Pat Smally, Anna Taylor, Sarah White

1. Charter – Preliminary charter approved, with stated purpose: The purpose of the Finance Committee is to support Friends of Webster Trails Board in fulfilling its responsibility to oversee the Organization’s financial strategy and performance and related matters.
2. Budget proposal items.
   • Dedicated grant funds from 2025 will be spent in 2026, and possibly extending into 2027 for ReTree grant.
   • Income sources discussion. Expect income from memberships to increase slightly due to change in membership fees.
   • Event income to be managed by Sarah.
   • Trail Projects v. Trail Maintenance.
     • Trail Projects – A project planned and completed by stewards, including workday projects and steward projects. Excludes projects to be completed by outside individuals and organizations, such as scouts and students.
     • Trail Maintenance – Ad hoc work to repair or prevent damage to a trail, such as replacing individual decking boards.
   • Trail maintenance funding reimbursement. Proposal to permit reimbursement for maintenance projects up to and including $100 without prior Board authorization.
3. Action Items.
   • Communication to Stewards about maintenance projects and reimbursements – Anna
   • Tax exempt organizations – Chris to work with Pat F. for additional vendors and instructions