Finance Committee Report

The Finance Committee is charged with providing assistance, advice, and advice to the Treasurer and Vestry of Trinity Church on parish financial matters including areas of both opportunity and concern. This includes help developing and making budget recommendations, financial operations and control reviews and recommendations, outside audit findings and corrective actions, fund allocation and draw recommendations, and capital campaign / other fundraising recommendations, insurance coverages, and financial risk management analysis. The committee also helps provide research and recommendations on office systems, adoption of new technology processes, and financial services providers.

In 2022, the Finance Committee was very active. Highlights are:

 Analysis and recommendations to bifurcate our current budget into an operating budget and a repairs and maintenance/ capital expense budget to more accurately portray activities and related expenses in those areas.

 Considering, interviewing, and recommending potential Capital Campaign Consultants

 Providing advice and analysis around new revenue collection and reporting technologies including PushPay, Square (a point of sale system for the Trinity Thrift & Boutique), and automating several manual office processes.