Finance Committee
What are the functions of this committee?
- Communicate to the congretation the financial need of the Church
- Develop an annual budget
- Present budget to Church Council for adoption
Monitor endowments
Monitor designated funds
Monitor expenditures against adopted budget
- Report the financials to Church Council and Charge Conference
- Monitor and coordinate all fund raising activities with the local church
- Count money each week (subcommittee)
- Review and approve monthly financials
What has the committee done most recently?
- Created new ways of raising additional budget money "Giving to the Next Level" and "Wipe the Slate Clean"
- Reviewed building campaign receipts to budget
What is the makeup of the committee?
- Treasurer
- Executive Committee Chair
- New Member Secretary
- Lay Member of Annual Conference
- Lay Leader
- Trustee
- Staff-Parish Relations Chair
- Building and Grounds Chair
- Money Counters Chair
- Church Administrator
- At Large Members
How often does the committee meet?
- The third Monday of each momth at 7 pm
What is the time commitment of someone who serves on the committee?
- Attend monthly meetings
- Review financials
- Willing to serve on subcommittees
What is the term length?
What would be helpful for a first time committee member to know?
- How to follow and maintain a budget
- Abillity to read financial statements
- Engaged and committed to being involved
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