Church Finance Committee Meeting Minutes
Church Finance Committee Meeting Minutes
Date: |
April 18, 2052 |
Time Started: |
7:00 PM |
Location: |
St. Arnold's Church Conference Room |
Prepared by: |
[YOUR NAME] |
Attendees:
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Brian Poole (Chairman)
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Margarette Townsend (Treasurer)
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[YOUR NAME] (Secretary)
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Anne Davis (Member)
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Michael Wilson (Member)
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Hannah Randall (Member)
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Trisha Andrews (Member)
Absent:
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Emily Moore (Member)
Opening:
The meeting was called to order at 6:00 PM by Chairman Brian Poole.
Approval of Previous Minutes:
The minutes from the previous meeting held on March 18, 2024, were approved as distributed.
Agenda Items:
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Review of Financial Audit Report
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Presenter: Margarette Townsend, Treasurer
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Discussion:
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Margarette Townsend presented the audit report, which covered the fiscal year 2051.
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Key findings and recommendations were discussed, including discrepancies in donation records and suggestions for more stringent financial controls.
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Decisions Made:
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Agreed to implement new software for tracking donations.
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Approved the formation of a subcommittee to oversee the implementation of audit recommendations.
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Action Items:
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Henry Young to procure software options by May 5, 2052
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Anne Davis and Michael Wilson to serve on the subcommittee.
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Past Financial Decisions Review
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Presenter: [YOUR NAME], Secretary
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Discussion:
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Reviewed financial decisions made in the previous year, focusing on budget allocations for community outreach programs and building maintenance.
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Examined the alignment of these expenditures with the church’s long-term financial strategy.
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Decisions Made:
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Confirmed the decisions were aligned with the church’s mission and financial health.
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Action Items:
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No immediate actions required; continue to monitor expenditures as per the established budget.
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Financial Statement Overview:
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Prepared By: Margarette Townsend Treasurer
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Highlights:
Category
Budgeted Amount
Spent Amount
Variance
Community Outreach
$20,000
$19,800
$200 under
Building Maintenance
$15,000
$15,200
$200 over
General Administration
$10,000
$9,750
$250 under
Next Meeting:
Schedule Date: |
May 18, 2052 |
Time: |
7:00 PM |
Location: |
St. Arnold's Church Conference Room |
Adjournment:
Time Ended: |
8:45 PM |
Minutes Prepared by: |
[YOUR NAME] |
Minutes Approved by: |
Brian Poole |