The Finance Council is an advisory body to the Pastor on matters of financial administration. It has the responsibility, along with the Pastor, for the prudent administration of parish financial affairs and to formulate policy and procedures in service to the effective management of parish assets.
The Finance Council:
- prepares annually a budget for all aspects of the parish’s financial operations;
- meets monthly to review the financial condition of the parish, including available cash funds, outstanding liabilities, and actual versus budgeted revenue and expenditures; provides guidance in the financial management of the parish (i.e., investment options, purchasing decisions, giving issues and personnel matters);
- works closely with other ministries, such as the Property Management Committee, to be aware of recently completed and future events or transactions affecting the finances of the parish.