Parish Finance Council
Canon Law places responsibility for parish financial and temporal management with the Pastor. However, the parish Finance Council is a consultative group that plays a vital role in assisting the Pastor in the execution of these responsibilities. Each Diocese has its own statues particular to a parish Finance Council, however there are common traits and guidelines to follow across the board to help ensure a properly functioning parish finance council, and in turn a more vibrant parish.
A Finance Council, composed of members with the appropriate expertise and possessing a love for the Church and its mission, can provide the Pastor valuable advice and assistance in the execution of his parish financial administration duties. A competent Finance Council can also help a parish maximize its financial resources and avert potential financial problems. Pastors are strongly encouraged to take advantage of the counsel and advice provided by the Finance Council.
The parish Finance Council does not have decision-making authority. The Council has only those duties and responsibilities envisioned by Canon Law and assigned to it by the Pastor. In order to be effective in their responsibilities as Council members, members should have a thorough understanding of the parish’s mission, goals, structure and demographics; knowledge of diocesan statutes and policies regarding temporalities; and a general understanding of the structure and organization of diocesan finances.