Governance & Planning -
The Finance Committee’s responsibilities have been established in the bylaws. Its role is administering the congregation’s financial affairs, with the exception of the Endowment Fund, and preparing an annual budget proposal to be considered and acted upon by the Board of Trustees. The Treasurer is the Chair of this Committee and all members of the Committee are appointed by the President of the Congregation with the consent of the Board of Trustees.
How can you contribute?
Bring your significant experience in finance, audit, or accounting to help strengthen the Congregation’s financial capability, controls, expense management, and cash flow.
What the Finance Committee does
Works with other operating committees to review needs and assist in budgeting and expense control as needed.
Evaluates financial investments, revenue sources, cash flows and income generation to ensure fiduciary responsibilities are being met.
Reviews the costs of new initiatives and capital improvements to evaluate funding requirements.
Oversees expense accounting and budget adherence.
Reviews adequacy of reserves and revenues for current and expected expenses.
How we operate
The Finance Committee meets monthly to review financial statements and any contemplated financial matters of the Congregation. Topics include pledge and other income, expenses, stewardship, budgets, and fundraising.