939ARWI65-601V1 — Financial Management Board

939ARWI65-601V1 governs the 939th Air Refueling Wing Financial Management Board and Financial Working Group.

Search 939ARWI65-601V1

  • Publication number: 939ARWI65-601V1
  • Title: FINANCIAL MANAGEMENT BOARD
  • Date: 2003-04-01

View 939ARWI65-601V1 on armypubs.army.mil

It defines FMB and FWG membership, functions, and responsibilities for wing financial management. It covers budget reviews, budget execution, meetings, meeting minutes, and Resource Management System training.

Topics covered

  • Financial Management Board
  • Financial Working Group
  • Appropriated fund operating budgets
  • O&M and RPA budgets
  • Budget estimates
  • Unfunded requirements
  • Meeting minutes
  • Resource Management System training

Questions and answers

How often must the financial management meetings occur?

Meetings will be conducted on a quarterly basis or more frequently if required. (paragraph 4)

What does the FWG do with budget estimates and unfunded requirements?

The FWG will develop budget estimates, monitor budget execution, and identify unfunded requirements (UFRs) or excess funding. (paragraph 3)

What must FMB meeting minutes contain?

Minutes will contain the current status of funds when applicable and all exhibits presented at the meeting. (paragraph 5)

Where must the original FMB meeting minutes be filed?

The original will be filed in the financial analysis office and each member of the FMB/FWG will receive a copy, and a copy will be provided to HQ 10AF/FM or HQ 4AF/FM accordingly and HQ AFRC/FMAP. (paragraph 5)

Who is responsible for training cost center managers?

Training of cost center managers is a responsibility of the unit resource advisor. (paragraph 6)

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