The Parish Finance Council is a consultative body of lay persons appointed by, and established to advise the Pastor in matters pertaining to the financial affairs of the Parish. The Parish Finance Council at St Mark Catholic Church is composed of the Pastor, as an ex-officio member, and eight practicing members of the Parish knowledgeable and skilled in financial matters with backgrounds in business, finance, accounting, education and law. Members typically serve for a three-year term and may be appointed by the Pastor to additional terms. The Chairperson is appointed for a term of one year and may be reappointed by the Pastor. Principal responsibilities of the Parish Finance Council include preparation and approval of the annual budget; periodic review of the Parish bookkeeping and accounting system; ensuring the submission of the Parish’s Annual Financial Report to the Diocese; communicating the Parish’s Annual Financial Report to the Parish; providing periodic reports on the financial status of the Parish to the Parish Council.