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PARISH FINANCE COUNCIL
The Parish Finance Council assists the Pastor, the Parish Pastoral Council, the Parish Commissions, and the Parish staff in making decisions regarding the financial and material assets of the parish to achieve the goals of the parish. The Parish Finance Council does not set policy - that is the responsibility of the Parish Pastoral Council. The Parish Finance Council works hand in hand with the Parish Pastoral Council to enact those policies and programs while maintaining sound parish finances.
WHAT WE DO
The Parish Finance Council is responsible for:
- Working with the Pastor, PPC, Commissions and parish staff to prepare a realistic and balanced budget for each fiscal year;
- Monitors progress to that budget throughout the year and recommends adjustments as needed to maintain a sound financial position;
- Reviewing and consenting to certain transactions, as dictated by Archdiocesan guidelines.
JOINING THE PFC
The Parish Finance Council must have a minimum of 3 members and a maximum of 9 members, excluding the Pastor who is the non-voting president of the PFC. Members are appointed by the pastor and generally service two year renewable terms. People with backgrounds in accounting, finance, law, human resources and business are especially needed. The Parish Finance Council officers include a Chairperson, a Vice-Chair, and a Secretary, each voted in for two year terms.
The Parish Finance Council meets at least quarterly, with meetings lasting approximately two hours. The Chairman of the PFC or his/her delegate must attend each Parish Pastoral Council meeting to ensure proper communication between the two groups.
Download an overview of the Parish Finance Council
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