OUR LADY OF LORETTO FINANCE COUNCIL

The role of the Finance Council is to assist and advise the Pastor in overseeing and controlling the financial affairs of the parish.  The Finance Council is accountable to the Pastor, who has the responsibility for final decisions.  It is understood that if the advice of the Finance Council is unanimous on a given matter, the Pastor will give serious consideration to the recommendation and not lightly reject it. 

Members are appointed by the Pastor and must be active members of the parish community.  Members should be skilled in business and have some expertise in management, financial, accounting, legal fund raising or related fields. 

The Pastor is responsible for financial decisions and will establish balanced operating budgets for the parish and school in conjunction with the Finance Council.  The Pastor should also develop in consultation with the Finance Council and annual capital expenditures budget including sources of funds.  The actual income and expenditures of the parish should be compared monthly and reviewed by the Finance Council at least quarterly.

Finance Council Members

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