Duties: Manage the parish's financial resources in order to meet established goals in the accomplishment of the parish's mission. Functions of the committee include, but are not limited to, the following:
A. Budget:
- To review as needed the implementation of bookkeeping and accounting system for all parish finances.
- To ensure that financial reports are submitted to the Diocese as required and in a timely fashion.
- To ensure that all requirements of federal and state law relating to parish finances are met and that accurate records of tax payment are maintained.
- To ensure that tax exempt forms, as required by law, are submitted to appropriate civil authorities and records of same for all church-owned properties are maintained.
- To safeguard the assets of the parish from loss or damage through appropriate review of insurance coverage.