1. The Role Of The Finance Committee
The role of the Finance Committee is advise the Parish Priest on how to plan and supervise the finances of the parish to enable the parish to carry out its plan of evangelisation. The two roles of the Finance Committee are fairly simple.
The first is to ensure that there are adequate funds coming into the parish to ensure it not only remains viable, but is able to flourish and evangelise.
The second is that it must ensure that all funds and resources are used correctly and legally, for the benefit of the parish
The Finance Committee is only advisory, that is it advises the Parish Priest on the finances of the parish. It is not a decision-making body. At the same time every parish must have a finance committee and it must be convened at regular intervals, as regulated by the Diocesan norms for Finance Committees (they will exist, and you should get a copy when you join the committee).
If the priest does not take the finance committee seriously or tells the committee what to do without its genuine input into decision-making, that is a serious breach of the Parish Priest?s responsibility. In practice most Parish Priests are very open to Finance Committee input.
The role of the Finance Committee is to put together a budget but not to decide how the parish spends its funds. A budget is a plan written in numbers, so the Finance Committee takes the plan put forward by the Pastoral Council, and tries to build that into a matching budget. This process of course involves the Parish Priest and often input from staff.
Next: 2. The Meeting >>>