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The organization may <br />have monies received <br />from specific grants, <br />This section assumes <br />that the budgets have <br />been approved before <br />the grant was applied <br />for, and the language <br />should reflect whether <br />the Executive Board or <br />the general membership <br />made such approval. <br />If the budget has been <br />approved, it seems <br />unnecessary to require <br />further approval of <br />expenditures, <br />Section 2 . Grants or monies secured to <br />fund specific projects or programs_, which have <br />itemized budgets already approved by the <br />[Executive Board /general membership], may <br />be expended without further approval for <br />budgeted expenses. <br />Section 3 . An annual budget for monies <br />and grants from other sources shall be <br />approved by the membership before expenditures <br />commence. <br />Section 4. The Executive Board shall <br />establish a fiscal process including <br />budgeting, expenditures, author i zat ions, and <br />an internal fiscal control system <br />The organization may Section 5 . Any expenditures, other than <br />wish to set a maximum <br />limit for expenditures those covered by Section 2 of this Article, <br />by the treasurer or <br />the Executive Board which exceed $ <br />without approval of <br />the general membership. by the general membership, <br />shall be approved <br />ARTICLE xII. AMENDMENTS AND CHARTER REVIEW <br />The general membership Section 1 . This charter may be amended <br />should be allowed to <br />consider major changes by a two -- thirds vote at any general membership <br />in the organization's <br />structure which would meeting. Written notice of the proposed <br />be reflected as <br />amendments to the charter change shall be given to the general <br />Charter.' <br />membership prior to the meeting. <br />Model Charter -- 18 <br />