Finance Committees Policy

[Adopted May 10, 2012; amended Jan. 16, 2014; amended July 19, 2018; amended Feb. 15, 2024]

The Board will appoint committees to assist the board in its oversight of the congregation’s finances. These committees are charged with nurturing the financial wellbeing of UUCC by ensuring its financial assets are managed responsibly, according to accepted financial practices, and in harmony with our values. The committees work closely with the Treasurer and Administrator, and report to the Board of Trustees quarterly.

Investments and Endowments Committee – Responsibilities:

  • Responsibly manages the financial investments of the church and makes recommendations as deemed necessary
  • Educates the congregation on financial investing and other related matters

Audit Committee:

The Audit Committee shall be a standing committee of the Board of Trustees. It shall consist of no fewer than three members, who will be appointed by the Board of Trustees for a term of two or three years. The Audit Committee shall report to the Treasurer on a regular basis.

Responsibilities:

  • Reviews monthly budget and categories reports, as received from the Administrator.
  • Conducts regular internal audits of the church’s financial records.
  • With the concurrence of the Board of Trustees, arranges for a review of church finances by a qualified person not affiliated with UUCC every five to seven years or at such lesser interval as the Committee, in consultation with the Board, deems appropriate. The scope of the outside review, ranging from a simple review of the church finance system to a full-scale professional audit, shall be determined by the Committee in consultation with the Board.