According to the Church Code of Canon Law, each parish is to have a Finance Council which is regulated by universal law as well as by norms issued by the diocesan bishop. In this council, the Christian faithful, selected according to the same norms, aid the pastor in the administration of parish goods.

 The functions of the Finance Council may include:


► Advising the pastor on any major commitment of funds on parish resources for capital improvements


► Advising the pastor in the investment of parish funds


► Fulfilling an active role in the preparation of the parish budget and its execution


► Assisting to establish cash management and internal control procedures for all parish funds