Finance

The financial affairs of the diocese are conducted under the direction of the Treasurer of the Diocese, Mr. Robert Batchelor. They are administered by the Commission on Finance with staff assistance from the Comptroller Mr. Ronald Turnbull, and the Assistant Treasurer, Ms. Joan DeCelles.

Assistance on financial matters for church treasurers and administrators is available in the Manual of Business Methods and Church Affairs.

The 2010 budget was approved by the 219th Diocesan Convention on October 24th 2009. Read the budget summary to learn more, or to see every line item you can even download the 41 page detailed budget. 

Now available for download is the 2008 Diocesan Audit.

Funds to support the mission and ministry of the Bishop's Office and other diocesan programs are collected from each church according to an Apportionment formula approved by convention. Endowed funds also provide significant support for the budget.

Churches are required to file annual Parochial Reports as well as additional reports on endowed funds, church organization, and a copy of the church's Annual Report presented to their annual meeting. This year's deadline for return of these forms is JANUARY 31, 2010, some of which can be filed online.

The Church's annual audit is due SEPTEMBER 1, 2010. The complete Audit Package with all Audit Forms is available online.

Information on Insurance plans offered or sponsored by the diocese, health, dental and property/casualty.

Churches and other institutions as approved may participate in the Diocesan Investment Trust, the pooled investment fund of the diocese. Participants' investment dollars purchase shares much like a mutual fund and distributions are made quarterly on a three-year rolling average of fund returns.  For more information see Investment in DIT.

The Revolving Loan Fund was created to aid Parishes and Missions in maintenance projects which, while small, remain too large for the congregation's current annual budget. Applications are considered by the Commission on Finance at their monthly meetings.