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Finance Team Cycle

Trinity Baptist Church
Fairfield, Connecticut

 

Eventually integrate with Ministry Goals Cycle (goals should motivate budgets)

First Weekend in October

Purpose Teams submit Budget Requests to Finance
Elder discussion of Staff compensation

First Weekend in November

Elder/Staff Review of Upcoming Budget

2nd Week in January

Finance letter to congregation with proposed budget

Two Weekends in January

Elder/Finance host informational meetings

First Weekend in February

Annual Meeting with vote on budget

Last Week in March

Quarterly Review to Elders/Staff
Finance letter to congregation

Last Week in June

Quarterly Review to Elders/Staff
Finance letter to congregation

July

Macro discussion (changes yearly)
i.e. health insurance, stewardship of congregation etc

2nd Week in September

Quarterly Review to Elders/Staff
Finance letter to congregation