GAUSE METHODIST CHURCH
  • Welcome!!!
  • About Us
    • Contact
    • Contact Form
    • Worship Services
    • Strategic Vision
    • Visitors
    • Our "Staff"
    • Our History >
      • Major Milestones
      • Church Conference Reports 1892-1926
      • Original 1895 Deed
      • 2nd Clarifying Deed for 1895 Purchase
      • Town of Gause Deed Dedicating the Town Plat
      • Town of Gause Plat
      • Fraim Deed of 2 Lots Block 11
      • Deed of Two Lots For Parsonage - 1916
      • Land Transfer to Baptist Church
      • Satisfaction of Mortage - 1938
      • Mortgage Payoff Info - 1938
      • 1932 Contract to Build Church
      • Hearne Lot Contract to EMS
      • GUMC Name Filing
      • Deed For Land Purchased from Kyles
      • GUMC Incorporated
      • Neely to GUMC Deed
      • Committee List - 1973
      • Alexander Property Donation
      • Condemnation of Alley 2019
      • Amazing Grace of Gause Agreement
      • Kyle Deed Lien Release 2022
      • UMC Trust Clause Release
  • Programs
    • New Building Project >
      • Facility Study Cmte Final Minutes
      • Building Committee Meeting Minutes
      • Church Conference Meeting May 19 2019
    • Program of Ministry
    • Prayer Blanket Ministry
    • Nursery & Child Care
    • Community Outreach
    • Christian Education
    • Adopt-A-Highway
  • Memories
    • Photos - 2022 >
      • VBS 2022 Photos and Videos
    • Photos - 2021
    • Photos from 2020
    • VBS 2019
    • Shots from 2019
    • Valentines Dinner 2019
    • 2019 - Men's Steak Dinner
    • Shots from 2018
    • Christmas 2018
    • Gause Founders' Day 2018
    • Blessing of Backpacks 2018
    • Pastor Kyle's First Month
    • Pastor Byrd Retirement Jul 2017
    • Graduation Sunday 2018
    • GUMC 2018
    • Easter 2017
    • Easter 2016
    • Christmas 2016
    • Easter 2015
    • Rededication and Founders Day
  • Committee Central
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    • Committee Responsibilities >
      • Committee Member Responsibilities
      • Committee Chairperson Responsibilities
      • Church Council Responsibilities
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      • Trustees Responsibilities
      • Missions & Benevolence Responsibilities
      • Worship Responsibilities
      • Staff Parish Relations Responsibilities
      • Finance Responsibilities
      • Treasurer Responsibilities
      • Events & Activities Responsibilities
      • Nominations & Lay Leadership Responsibilities
    • Committee Meeting Minutes >
      • Church Council Meeting Minutes
      • Staff Parish Relations Committee Meeting Minutes
      • Trustees Meeting Minutes
      • Worship Committee Meeting Minutes
      • Missions & BenevolenceCommittee Meeting Minutes
      • Events & Activities Meeting Minutes
      • Finance Committee Meeting Minutes >
        • Financial Status
      • Nominations & Lay Leadership Committee Meeting Minutes
      • 2018 Vision Team
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finance committee

​Purpose:  Provides stewardship of the financial resources of the church.  Develops and implements plans to raise sufficient funds to meet the approved budget.  Administers funds received and disburses in accordance with the budget as directed by the Administrative Board.  Develops written policies for internal controls to be used by the church with regard to handling, recording, and tracking incoming and outgoing funds.  Requests budget requests from all committees, non-committee positions, and Pastor NLT 1 Jul each year.  Prepares the annual budget based on input and income projections. Annually prior to Charge Conference submits recommended budget to the Church Council for approval.  Reports the status of the budget and all church funds to the Charge Conference and Annual Conference.  Makes provisions for and ensures an independent annual audit of the church financial operation is conducted.
 
Proposes a budget; then raises, manages, and distributes the financial resources of the congregation to support and strengthen the mission and ministry of the congregation.
 
Regularly communicate with congregation regarding financial status and or issues.
 
Works with the trustees to handle designated gifts and bequests
 
Coordinate with other committees and Pastor to receive budget requests on an annual basis.
 
During the year, recommends any changes to the approved annual budget to the church council.
 
is responsible for developing and carrying out plans to raise enough income to support the budge
 
Recommends to the church council proper depositories for church funds and carries out the council’s directions about administration and disbursement of funds and about procedures for the church treasurer and the financial secretary.
 
There are three tasks not specifically assigned to the treasurer, financial secretary, or the chairperson of the committee on finance by the Discipline. Keeping these responsibilities separate is essential in maintaining segregation of duties. These tasks are: (1) approving payments for expenditures; (2) signing checks; (3) reconciling bank accounts. While the treasurer, financial secretary, or finance chairperson may be authorized to do any one of these tasks, no person should be authorized to do more than one. No persons related to one another should perform any two or more of these three tasks.
 
Arrange for an annual audit of financial records and makes a report of this audit to the charge conference.
 
Finance leaders of the church are accountable to the charge conference through the church council.
 
New language was added to the 2016 Book of Discipline that expands/clarifies the responsibilities of the pastor in regard to giving. Paragraph 340.2.c.(2)(c) now reads: “To provide leadership for the funding ministry of the congregation. To ensure membership care including compliance with charitable giving documentation requirements and to provide appropriate pastoral care, the pastor, in cooperation with the financial secretary, shall have access to and responsibility for professional stewardship of congregational giving records.”
 
IN GUMC, we will have the following breakout of those duties:
 
Approving payments for expenditures – Finance Committee Chair
Signing Checks – Treasurer
Reconciling Bank Statements – Finance Secretary.
 
Provide budget and spending reports to committees following the end of each quarter.  Report to include committee specific projects or funding line items.
 
Coordinate as needed with Treasurer and Financial Secretary.  Finance Chair is responsible for all overall financial operations, including Treasurer and Finance Secretary.
 
Works with congregation and other committee members to approve and arrange for reimbursements for church related expenses. On a monthly basis, submits those requests to the Finance Committee Chair for approval.

  • Welcome!!!
  • About Us
    • Contact
    • Contact Form
    • Worship Services
    • Strategic Vision
    • Visitors
    • Our "Staff"
    • Our History >
      • Major Milestones
      • Church Conference Reports 1892-1926
      • Original 1895 Deed
      • 2nd Clarifying Deed for 1895 Purchase
      • Town of Gause Deed Dedicating the Town Plat
      • Town of Gause Plat
      • Fraim Deed of 2 Lots Block 11
      • Deed of Two Lots For Parsonage - 1916
      • Land Transfer to Baptist Church
      • Satisfaction of Mortage - 1938
      • Mortgage Payoff Info - 1938
      • 1932 Contract to Build Church
      • Hearne Lot Contract to EMS
      • GUMC Name Filing
      • Deed For Land Purchased from Kyles
      • GUMC Incorporated
      • Neely to GUMC Deed
      • Committee List - 1973
      • Alexander Property Donation
      • Condemnation of Alley 2019
      • Amazing Grace of Gause Agreement
      • Kyle Deed Lien Release 2022
      • UMC Trust Clause Release
  • Programs
    • New Building Project >
      • Facility Study Cmte Final Minutes
      • Building Committee Meeting Minutes
      • Church Conference Meeting May 19 2019
    • Program of Ministry
    • Prayer Blanket Ministry
    • Nursery & Child Care
    • Community Outreach
    • Christian Education
    • Adopt-A-Highway
  • Memories
    • Photos - 2022 >
      • VBS 2022 Photos and Videos
    • Photos - 2021
    • Photos from 2020
    • VBS 2019
    • Shots from 2019
    • Valentines Dinner 2019
    • 2019 - Men's Steak Dinner
    • Shots from 2018
    • Christmas 2018
    • Gause Founders' Day 2018
    • Blessing of Backpacks 2018
    • Pastor Kyle's First Month
    • Pastor Byrd Retirement Jul 2017
    • Graduation Sunday 2018
    • GUMC 2018
    • Easter 2017
    • Easter 2016
    • Christmas 2016
    • Easter 2015
    • Rededication and Founders Day
  • Committee Central
    • Committees & Boards 2022
    • 2023 Accomplishments
    • 2022 Accomplishments
    • 2021 Accomplishments
    • 2020 Accomplishments
    • 2019 Accomplishments
    • 2018 Accomplishments
    • Committee Responsibilities >
      • Committee Member Responsibilities
      • Committee Chairperson Responsibilities
      • Church Council Responsibilities
      • Lay Leader Responsibilities
      • Trustees Responsibilities
      • Missions & Benevolence Responsibilities
      • Worship Responsibilities
      • Staff Parish Relations Responsibilities
      • Finance Responsibilities
      • Treasurer Responsibilities
      • Events & Activities Responsibilities
      • Nominations & Lay Leadership Responsibilities
    • Committee Meeting Minutes >
      • Church Council Meeting Minutes
      • Staff Parish Relations Committee Meeting Minutes
      • Trustees Meeting Minutes
      • Worship Committee Meeting Minutes
      • Missions & BenevolenceCommittee Meeting Minutes
      • Events & Activities Meeting Minutes
      • Finance Committee Meeting Minutes >
        • Financial Status
      • Nominations & Lay Leadership Committee Meeting Minutes
      • 2018 Vision Team
  • Online Giving
  • Links
  • Web Site Monitoring Information
  • YouTube Streaming Instr