from: Pastoral Council, Finance Council Policies & Norms, Department of Parish Planning for Evangelization, Roman Catholic Diocese of Portland
Foundations of the Finance Council
In the 1917 Code of Canon Law and again in the 1983 Code, there is a requirement that every bishop have a Diocesan Finance Council. Canon 492 requires the establishment of a council in each diocese and canon 493 specifies its duties:
"In addition to the functions entrusted to it in Book V, The Temporal Goods of the Church, the finance council prepares each year...a budget of the income and expenditures which are foreseen for the entire governance of the diocese in the coming year and at the end of the year examines an account of the revenues."
It follows, then, that a cluster finance council would provide a similar service to the pastor of that particular cluster: to investigate financial matters, ponder them and propose recommendations.
Additionally, a parish finance council is mandated by the universal law of the church, Canon 537, which states:
"In each parish there is to be a finance council which is governed, in addition to universal law, by norms issued by the diocesan bishop and in which the Christian faithful, selected according to the same norms, are to assist the pastor in the administration of the goods of the parish..."
The finance council looks to the finances, buildings, grounds, cemeteries, and administration of the parish.
Currently the members of the Parish of the Holy Savior financial council are:
Barbara Pelletier and Elaine McKenna as Ex Officio members