Finance Committee
As good financial stewards, the Finance Committee closely monitors and manages the finances of Christ Lutheran Church. Our committee meets at least one time per month on the Monday evening prior to our Church Council meeting. We review the monthly Treasurer’s reports, discussing the financial results and trends. We compare income and expenses to our annual budget as well as prior year results, and explain all unusual transactions. A monthly report of the committee is submitted to the Council. In addition, the committee discusses other important financial matters such as: financial policies, procedures and controls; cash balances and investments; insurance matters; audit issues; and, ideas to reduce expenses as well as encourage greater contributions to the church.
Budget Committee
The Budget Committee generally meets once per year to prepare a draft annual budget which is submitted to the Congregational Council for preliminary review at their October meeting. The annual budget is adjusted and approved at the November Council meeting and presented to the Congregation at the annual Congregational Meeting in November.
Audit Committee
The Audit Committee generally meets once per year to conduct a thorough review of the financial activity of our church. This includes a review of contributions and other income, expenses and disbursement procedures, bank accounts, payroll transactions and insurance. The objective is to ensure that our financial records are complete and accurate, and adequate financial controls are in place.