Finance and Legal

The Church Finance Committee is to oversee the finances of the congregation in accordance with the vision and mission of the church. This shall include developing and monitoring a church budget, financial recording and reporting, disbursement, investment, taxation and auditing of records.

The Church Finance Committee shall consist of at least five persons including

• A chairperson
• A deputy chairperson
• A council liaison
• Elder representative
• Financial secretary

Other positions are appointed by the church council.

This committee will meet bimonthly or as necessary to fulfill the statement of purpose.The appointment to the committee is for a period of three years and is renewable.

• Budget – annual preparation
• Receipts and disbursements of funds
• Financial recording and reporting of tithes, offerings, donation
• Review monthly financial statements
• Investment of church funds and facilities management
• Insurance – review and maintain policies
• Monitor and regularly report the financial health to the congregation
• Annually evaluate the work of this committee and its job description and make necessary changes

• Review adequacy of internal control and risk management
• Review policies and procedures
• Review accounting system
• Ensure annual audit of financial statements

The Church Finance Committee works in close cooperation with the standing church committees for budget planning and input. This committee reports to and is accountable to the church council (elders).

It is assisted by the church office manager.