Board Duties: Finance & Budget

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c. Finances and Budget

The Board is responsible to the Congregation for the safety and good stewardship of the Congregation’s financial resources. It acts primarily by setting priorities and enacting policy.

The Board shall:

  • ·  establish budget priorities for the ensuing year;
  • ·  recommend the budget for the ensuing year to the Congregation;
  • ·  set parameters for Staff discretion in budget management;
  • and review financial reports.

The Board shall encourage the work of the Financial Review Committee.