The Finance Council members bring their expertise into the service of parish property and managing revenues to review finances, formulate the parish/school budget and plan capital needs.
Finance Council consults with the Pastor and discerns how the parish can best meet the financial and material needs of the parish. The “General Operating” fund for operational expenses, including wages, is funded largely from Sunday giving. The “Facilities and Growth” fund is used for debt reduction on our buildings and major improvements.
Finance Council duties include developing the parish budget, overseeing spending in accordance with it, advising the Pastor on parish spending, and overseeing the annual appeal for the offertory collection.
Section 5C of the Diocesan Handbook states that “membership of the Finance Council is by appointment of the pastor after discreet inquiry with the Pastoral Council as to who among the faithful are well qualified for membership.”