The Parish Finance Council is a consultative body of lay persons established to advise the Pastor in matters pertaining to the financial affairs of the parish. The relationship between the Pastor and the council is one of support and collaboration. The authority of the Pastor is not diminished by the establishment of the Parish Finance Council.
It has been the consistent policy of the Diocese of Charlotte that a Parish Pastoral Council be established in each parish. While the two councils are separate and each has a different and specific role in the life and operation of the parish, they work together for the good of the parish. The chairperson of the Parish Finance Council is an ex-officio member of the Parish Pastoral Council and provides them with periodic reports on the financial status of the parish and its activities.
The Parish Finance Council is composed of the Pastor, as an ex-officio member, and not less than three reputable and practicing members of the parish knowledgeable and skilled in financial matters. Membership is by appointment of the Pastor. Members serve for a three-year term and may be appointed to a second three-year term. The Chairperson is appointed for a term of one year and may be reappointed.
The Business and Office Managers are not members of the Parish Finance Council, however they may attend meetings at the request of the Chairperson to assist the council in its deliberations.
Principal responsibilities of the Council include:
• Preparation of an annual budget
• Periodic review of the Diocesan bookkeeping and accounting system
• Ensuring the submission of the Semi and Annual Financial Report to the Diocese
• Preparation and publication of an Annual Financial Statement and Report provided to the Parish Pastoral Council and members of the Parish community.