Finance Committee

The remit of the Finance Committee is:

1. Applying powers granted by the Office of the Scottish Charity Regulator (OSCR), due to the Church’s Designated Religious Charity status, in respect of overseeing congregational finance. Obligation fulfilled by the examination and attestation of Congregational Accounts for the previous financial year
   prior to their submission to OSCR.
2. Monitoring of congregational contributions in respect of Giving to Grow.
3. The preparation of a Presbytery Budget and the requirements for Presbytery Dues from congregations, both to be approved at the November meeting (unless a later date is agreed).
4. Exercise oversight of Presbytery’s finance.
5. The provision of training and support for Congregational Finance Committees and Treasurers, where this is required.
6. Promoting stewardship by encouraging generous giving of time, talent, and money in all congregations.
7. Considering grant applications from congregations in line with requirements agreed by Presbytery.
8. Managing the Presbytery’s investments and trust funds.
9. Where necessary, the provision of financial information to Presbytery Committees.
10. Aim to grow income and develop plans for financial sustainability in addition to Presbytery Dues.
11. Mitigating Presbytery’s financial risks by identifying and monitoring appropriate control measures.