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SECTION VI

THE BOARD OF FINANCE shall consist of a member appointed by the Church Board of Administration and subject to the approval of the Voters Assembly, the Treasurer who shall serve as Chairman, the President, the Vice President, the Secretary, the Assistant Treasurer, and the Financial Secretary. The Senior pastor shall serve in an advisory capacity.

The responsibility of the Board of Finance shall be to have charge of all financial affairs and matters of the Congregation. It shall have the following Committees under its administration:

The Salary Committee shall review all salaries and benefits annually and present recommendations to the Church Board of Administration. The Salary Committee shall consist of the Treasurer, President, a member of the Board of Elders, a member of the Board of Education, a member of the Board of Properties, and two lay members appointed by the Church Board of Administration, with a teacher, the Principal and the Senior Pastor serving in an advisory capacity.

The Budget and Financial Planning Committee shall consist of the Treasurer the Assistant Treasurer and three additional members appointed annually by the Church Board of Administration, subject to the approval of the Voters Assembly. The Treasurer may designate the chairman of this committee and the Salary Committee. The President and the Senior Pastor shall serve in an advisory capacity.

The responsibilities of the Budget and Financial Planning Committee are to:

  1. Review the annual budget for presentation to the Church Board of Admininstration.
  2. Develop long-range budgets and income planning as well as the financing of special Congregational projects.

The Tellers and Recorders Committee shall consist of members appointed by the Church Board of Administration, who shall be under the supervision of the Financial Secretary and approved by the Voters Assembly.

The responsibilities of the Tellers and Recorders Committee are to:

  1. Systematically and regularly count the members’ contributions to the Congregation in the form of loose plate collections, envelope collections and other means.
  2. Record each communicant member’s contribution to the Church, its general fund and its special funds. The Financial Secretary shall report such contributions regularly to the donors. This record shall be available only to the Pastor, the Board of Elders and such bodies as the Voters Assembly may authorize.

The Endowment Committee shall consist of five members, all of whom shall be voting members of St. John’s. They shall be appointed by the Church Board of Administration and approved by the Voters Assembly. The term of each member shall be three years, and the committee shall be governed in accordance with the official by-laws of the Endowment Fund. The purpose of the Fund shall be to receive gifts and bequests, and to use them for the mission and ministry of St. John’s Evangelical Lutheran Church and The Lutheran Church- Missouri Synod, its districts, seminaries, colleges, institutions or agencies.

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