Financial Stewardship Committee
The Financial Stewardship Committee oversees the our Yearly Meeting's budget process. It is responsible for developing the budget in consultation with and on the advice of the Monthly Meetings, Quarterly Meetings, and the Standing Committees. Unresolved concerns and issues, if necessary, are referred to Interim Meeting.
Financial Stewardship Committee is responsible for furnishing proposed budget information to Monthly and Quarterly Meetings. It publishes a timeline which Monthly Meetings, Quarterly Meetings, and Standing Committees follow in the formulation of each budget. The new budget is presented for approval at a session of Yearly Meeting.
Financial Stewardship Committee is also responsible for monitoring income and expenditures during the budget year and making needed changes, as projects and services are picked up or laid down in accordance with the discernment of the Standing Committees.
It consists of at least five and no more than nine at-large members; one member and an alternate appointed by each of the five Standing Committees; and the PYM Treasurer, ex-officio. Nominating Committee is responsible for nominating the at-large members for three three-year terms with a maximum of nine consecutive years.
|
