The Finance Council works closely with the pastor, who is accountable to the diocesan bishop for the administration and stewardship of the temporal goods of the parish. The pastor, according to Canon Law, has among his responsibilities, the responsibility for parish financial and temporal management. The Parish Finance Council is a consultative body that assists the pastor in meeting these obligations. While the Parish Finance Council does not have decision making authority, consultation is at the heart of the decision-making process – sharing information, listening, contributing to the discussion, and promoting consensus.
Throughout the year, the Finance Council oversees the budget to ensure the finances are in line with the current year’s budget. The Council Chairperson stays in contact with the church’s Director of Finance, assisting him in tracking finances and keeping within the budget. At regular church business meetings, the Finance Council Chairperson presents the current financial statement.