The Finance Council is the only parish group required by Canon Law. The revised Code of Cannon Law 537 of 1983 has established that each parish is to have a “Finance Council” and that this council is to aid the pastor in the administration of “parish goods” in accordance with Canon Law 532. 
St. George’s Finance Committee is made up of parishioners designated by the pastor. Per Canon Law, there must be a minimum of three parishioners on the council. This number can be increased by the pastor based on the needs of the parish. The pastor, by nature of his position, is also a voting member of the council. The following are some major responsibilities of the Finance Committee: 
 Develops the annual budget and recommends it to the pastor.
 Reviews all financial transactions on at least a monthly basis. 
 Reports back to the Parish the state of the Parish Finances on a quarterly basis.
 Along with the pastor, approves and submits an annual financial report to the diocese. 
 Approves all capital projects and insures those over $10,000 are pre-approved by the diocese. 
 Offers counsel and monitors activity of all parish financial assets.
 Ensures that all parish financial activities are conducted in accordance with sound financial practice according to the training guidelines of the diocese. 
 Offers counsel and assists the pastor in all parish fundraising activities. 
 Reviews job descriptions and compensation for all parish employees. 

The primary goal of the members of the Saint George Finance Council is to be responsible stewards of our parish resources and provide fiscal transparency to our parishioners.