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Finance Council

The Finance Council assists the pastor in the proper administration of the finances and material assets of the parish, especially in regard to any strategic planning brought forth by the Pastoral Council. The purpose of the Parish Finance Council is to help facilitate the accomplishment of the pastoral priorities identified by the pastor and Parish Pastoral Council.  The Finance Council should foster transparency and accountability in management of the church’s resources.

There are three levels of parish administration:

  • Acts of ordinary administration – the pastor can act on his own initiative within certain limits.  He is encouraged to consult the Finance Council on matters pertaining to finances, facilities and personnel.
  • Acts of Greater Importance – these are areas that the pastor is required to consult with Finance Council. Examples are the annual budget, finance reports, and audits as well as projects over $10,000.  Some acts not only require consultation and approval from the Archbishop.  Examples include: buying and selling of property, making major repairs, refurbishment or construction (between $25,000 and $100,000).
  • Acts of Extraordinary Administration: these are areas that the pastor is required to receive Finance Council consent and the Archbishop’s approval.   Examples include any projects or transactions over $100,000.

The members of the Finance Council are appointed by the pastor.  The membership should reflect a variety of expertise: accounting, finance, legal, facilities or construction management.

The current chairman of the Finance Council is Brian Condit.

 

Additional Information