Colesburg Baptist Church

• Make-Up of the Finance Committee

The success of the church financial program is in great measure tied to the choice of qualified personnel for the finance committee. The following guide should be used in their selection:

1. Dedication to the work of the local church body
2. Good stewardship ability
3. Willingness to devote the necessary time and effort
4. Of high regard among the church membership

13031. The size of the committee is determined by the size of the congregation. It should be relatively small, with the lead pastor, the treasurer, and three members.

• Term

The finance committee members will serve two years.

• Responsibilities

Each year the committee will:

1. Solicit, collect and study the estimated financial resources needed by asking for budgets from each of the ministry areas for its work during the following year.
2. With these departmental requests in mind, the committee will prepare a suggested budget within the limits of the local church’s potential and present this to the local church body for approval.
3. Present the budget to the local church body in the members meeting for final approval.
4. The finance committee must implement the budget.
5. The finance committee will monitor the expenditures of church funds.