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ROLE OF THE ERMU COMMISSION <br /> 1. The Commission engages in ongoing planning activities as necessary to determine the <br /> mission and strategic direction of ERMU,to define specific goals and objectives related to <br /> the mission, and to evaluate the success of the organization's efforts toward achieving the <br /> mission. <br /> 2. The Commission approves the policies for the effective, efficient, and cost-effective <br /> operation of ERMU. <br /> 3. The Commission approves ERMU's annual budget and assesses the organization's financial <br /> performance in relation to the budget on a regular basis. <br /> 4. The Commission hires, sets the compensation for, and provides for an annual evaluation <br /> of the performance of the General Manager. <br /> 5. The Commission establishes and evaluates compensation for employees to ensure value <br /> to the customers and competitiveness within appropriate markets. <br /> 6. The Commission approves written policies governing the work and actions of ERMU's <br /> employees and committees. <br /> 7. The Commission ensures that an internal review of ERMU's compliance with known <br /> existing legal, regulatory, and financial reporting requirements is conducted annually and <br /> that a summary of the results of the review is provided to the entire Commission. <br /> 8. The Commission develops, monitors,and strengthens ERMU's services. <br /> 9. The Commission creates and eliminates Committees and Task Forces as appropriate. The <br /> Commission shall designate a representative for each Committee annually. <br /> 10. The Commission shall elect a Chair, Vice Chair, and Trustee annually. <br /> 11. The Commission assesses the Commission's performance. <br /> Governance Handbook Page 4 Proposed August 2014 <br /> 53 <br />