Our Lady of Grace Parish Finance Council
The parish finance council serves as an advisory body to the pastor in the administration and stewardship of parish finances, budget, parish facilities and long-range financial development. Mandated by canon law, finance councils, like pastoral councils, are consultative bodies.
Each parish is to have a finance council which is regulated by universal law as well as by norms issued by the diocesan bishop; in this council the Christian faithful, selected according to the same norms, aid the pastor in the administration of parish goods ... (Canon 537).
Members of the finance council are appointed by the pastor on the basis of their expertise in matters related to accounting and finance, investment management, fundraising/development, budget, engineering and law. The finance council receives support and guidance from the diocesan Department of Finance, Engineering and Facilities Management Office and The Catholic Foundation of the Diocese of Greensburg.
The finance council and the pastoral council function interdependently. It is essential that they communicate with one another in furthering the parish mission. At Our Lady of Grace Parish a member of pastoral council also has membership on the finance council to assure the continual sharing of information.