Finance Council


Ministries

The Parish Finance Council is an advisory and consultative body whose membership should include individuals skilled in finance, civil law, construction/engineering or business. The relationship between the Pastor and the council is one of support and collaboration. The pastor is responsible for constituting and assembling the parish finance council.

It has been the consistent policy of the Diocese of Oakland that a Parish Pastoral Council be established in each parish. While the two councils are separate and each has a different and specific role in the life and operation of the parish, they work together for the good of the parish. The Finance Council should be represented in the Parish Pastoral Council and provides them with periodic reports on the financial status of the parish and its activities.

The Parish Finance Council is composed of the Pastor, as an ex-officio member, and not less than three reputable and practicing members from each worship site. They are to be knowledgeable and skilled in financial matters. Membership is by appointment of the Pastor. Members serve for a three-year term and may be appointed to a second three-year term. The Chairperson is elected or appointed for a term of one year and may be reappointed or reelected.

Principal responsibilities of the Council include:

  • preparation of the annual budget
  • assist in monitoring financial reports and the annual budget on an ongoing (at least quarterly) basis;
  • assist in the implementation of acceptable internal control practices including reviewing and implementing diocesan policies,
  • assist the pastor in evaluating the impact on parish finances and administration of leasing parish properties to an outside organization;
  • preparation and publication of an Annual Financial Statement and Report provided to the Parish Pastoral Council and members of the Parish community.
  • Ensuring the submission of the Annual Financial Report to the Diocese

The Business and Office staff are not to be members of the Parish Finance Council, however the Bookkeeper, because of the nature of office he/she holds, should attend the meetings but will not have the right to vote when important decisions are made. If necessary the other staff may attend meetings at the request of the Pastor or the Chairperson to assist the council in its deliberations.

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