The Finance Council is a consultative body composed of parishioners and is designed to advise the Pastor in matters pertaining to the financial affairs of the parish. The Finance Council meets approximately six times per year: quarterly to review the financial statements, and one or two additional times to establish the budget for the upcoming year. Members are appointed by the Pastor and typically serve a four-year term.
The Finance Council is directed by the values of the Gospel in fulfilling its responsibilities, as well as by good business practices. Efficient and effective use and management of parish resources must be measured as much by their contribution to parish mission and ministry as by commonly accepted business standards.
Primary areas of responsibility for the Finance Council include: To evaluate and to make recommendations regarding the needs and the effectiveness of the parish effort of church support through the Sunday offertory and other fundraising activities. To develop appropriate plans for the financing of necessary repairs, renovations, purchase of equipment and future building for the parish. To communicate the financial status of the church to the parish community at least four (4) times per year.