Issue Position: Board of Financial Institutions

Issue Position

BOARD OF FINANCIAL INSTITUTIONS
Created BoFI subcommittees to delegate the work load and include more Board members in their oversight duties of BoFI.

Increased interaction of Board and Agency.

Posted all BoFI meeting minutes online.

Updated Board of Financial Institutions websites to make them more user friendly and added more public information for interested taxpayers and key customers.

Review budget and balance sheet regularly and working on process improvements.

Strengthening staff skills by beefing up job descriptions, hiring personnel with enhanced credentials and encouraging staff participation in conferences/continuing education.


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