Philadelphia Public School Retired Employees Association

PPSREA’s Finance Committee

The Finance/Budget Committee has two functions. The first is to oversee the assets that PPSREA has, including all investment accounts. It does this by meeting with our investment advisors periodically. During these meetings, we review the balance in our investments between fixed assets and stock. Also, the committee relays our monetary needs for the coming period. The second function is to develop the budget for the coming year. The members of the committee review the requests from the various committee chairpersons and send the finalized budget to the board of directors for final approval