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Mission Statement

 

St. Joseph's Finance Committee guides the fiscal affairs of the parish and thereby insures fiscal stability for the parish vision and its ministry.

POSITION DESCRIPTION

Title:  Finance Committee

General Purpose: To guide the fiscal affairs of the parish

Accountable to:  Pastor and provides reports to the Parish Council

Qualifications of Members

  1. Must be an active member of the parish.

  2. Must be invested in the parish financially.

  3. Should be an invested steward in other areas of parish life as well.  

  4. Should have experience in finance or business experience with responsibility for finance or have owned a business.

Responsibilities of Members and of the Committee

  1. Prepare for and attend regularly scheduled meetings.

  2. Provide guidance to staff for preparation and monitoring of the annual operating budget.

  3. Define and keep current the philosophy and purpose of each parish fund.

  4. Give direction for the management of each parish fund.

  5. Audit and insure internal controls and security for cash, disbursements, payroll and other financial procedures and documents.

  6. Provide counsel for retaining auditor for annual report; broker for ongoing investment services; other financial professionals as necessary.

  7. Participate in occasional Archdiocesan or other agency programs and seminars.

  8. Liaison occasionally and temporarily with other parish committees or staff.

Results Expected

  1. Financial stability of the parish.

  2. Good communication about finances with members of the parish and with staff.

  3. A clear philosophy about the purpose of each parish fund and effective management of each fund.

Number of Members and Terms

The Committee has five to seven members.  Members serve 3-year terms.  Two members are eligible for re-appointment each year.  A member may serve three terms.  Terms end and begin after the May meeting each year.  The Pastor and Business Administrator are ex-officio (not voting) members of the Committee.

Parish Finance Reports
Please note:  No Jan. 2008 Report Available
Reports will be changing from monthly to quarterly as of 2008

October 2007 November 2007 December 2007 February 2008

Finance Committee

Giles Kobilka, Chair David Lenzen, Trustee
Frank Brantman Ruth Hunt, Trustee
Tom Collins John Olson, Staff
Bob Hartnett Fr. Terry Rassmussen, Pastor
Wayne Peterson

This page was last updated on 02/13/2008