VIII. Financial Requirements

A. The Academy shall be self-supporting. It shall use only those monies that are exclusively reserved for it in a University account. Said monies shall accrue from contributions made or solicited by the members.

B. The Board shall adopt an annual budget, which shall be reported to the Active Members. This budget will provide the Head of the Department of CE at New Mexico State University with direction for the expenditure of monies from the account in the name of the Academy.

C. The Officers and Board shall instruct the Treasurer in such efforts as she/he shall make annually to maintain funds in the Academy account.