Finance Council

The current Parish Finance Council was established in November 2006. The purposes of the Finance Council are these:

  • To assist and advise the Pastor in performing evaluations of current and future financial matters of the parish and parish organizational activities.
  • To ensure that financial controls are employed with regards to the use of parish financial resources through the adherence to budgetary principles and regular reporting of results.
  • To assist the parish and the pastor in establishing reasonable guidelines and protections, both financially and operationally, in order to comply with the principles established by the Los Angeles Archdiocese.
  • To assist the Pastor in providing accurate financial information to the Assumption community.

The responsibilities of the Finance Council are:

  • Review, analyze and evaluate the monthly and annual parish financial results.
  • Examine and recommend improvements to existing financial systems.
  • Evaluate the proper and equitable usage of all parish properties and buildings.
  • Plan and assist the Pastor in the preparation of the annual parish budget.
  • Assist the pastor with Stewardship administration.
  • Advise the Pastor regarding on any acts of extraordinary administration.
  • Other such activities determined by the Pastor.

Membership in the Finance Council is determined by Pastor appointment. Members are appointed to a 3-year term, which is renewable for a maximum of six consecutive years.

Current Members are: Dennis Becking, Mike Conway, Paul Daze, Robert Gregg and Stella Tsai – Chairperson