Financial Resources
Diocesan Contact: Becky Roach, 214-826-8310
Annual Audits of Parish Financial Statements & Management Practices
Audits are due annually on September 1, whether conducted by a CPA or completed internally. Please email to .
Assessments: Section 2.5 of the Constitution and Canons
If a Parish or Mission did not pay its full assessment for the preceding year, or years, sanctions shall be applied. “Full Assessment” means the amount determined to be owed by a Parish or Mission in accordance with the assessment formula set by the Executive Council, or the amount set by the Finance Department of the Executive Council as provided in Canon 15.
Sixty days prior to the convening of a Diocesan Convention, the Treasurer shall report to the Bishop the status of the Assessment payments of each Parish and Mission in the Diocese. The Executive Council shall promptly notify a Parish or Mission affected by this section of the application of one of the following sanctions if remedial action is not taken prior to the time the Convention is convened:
A) After the first year that a Parish or Mission fails to meet its Full Assessment, no person from that Parish or Mission, clerical or lay, shall be eligible for election to any canonical Diocesan Office.
B) After the second consecutive year that a Parish or Mission fails to meet its Full Assessment, no person from that Parish or Mission, clerical or lay, shall be eligible for election to any canonical Diocesan Office, and said Parish or Mission will lose voice and vote in the Diocesan Convention for that year.
C) After the third consecutive year that a Parish or Mission fails to meet its Full Assessment, no person from that Parish or Mission, clerical or lay, shall be eligible for election to any canonical Diocesan Office; said Parish or Mission will lose voice and vote in the Diocesan Convention for that year; and if a Parish, such Parish shall be restored to Mission status.
D) The imposition of the foregoing sanctions shall have no effect upon any member of the Parish or Mission already actively serving in any Diocesan Office.
E) For good cause shown, the Bishop or the Executive Council of the Diocese may suspend or reduce the imposition of sanctions arising from the failure to meet the Full Assessment required by this Canon.
The Manual of Business Methods in Church Affairs
Manual De Metodos Administrativos Para Los Asuntos De La Iglesia
Parochial Report: Canon 28 of the Constitutions and Canons
Section 28.1 A report from every Parish and Mission (also known as a Parochial Report) shall be prepared annually for the year ending December 31, preceding on the website provided by the Executive Council of the Episcopal Church in the United States of America not later than March 1.
Section 28.2 Copies of the reports and tabulation shall be filed in the Diocesan Office for the use of Commissions and Committees. These reports, or such parts of them as the Bishop may deem proper, shall be entered in the Journal of the Diocese.
Section 28.3 Any Parish or Mission of the Diocese that fails to file timely its Annual Report for the preceding year shall be subject to the following sanctions:
- When any Parish or Mission has failed to timely file its Annual Report for any given year, no person from the Parish or Mission, clerical or lay, shall be eligible for election to any canonical Diocesan Office in the year following that given year.
- In addition to the sanctions imposed by Section 28.3 (a) of this Canon, when any Parish or Mission has failed to timely file its Annual Report for two years in a row, the Parish or Mission shall lose voice and vote in the Diocesan Convention for the current year and in each subsequent Diocesan Convention until the Parish or Mission has timely filed its Annual Report.
- The imposition of the foregoing sanctions shall have no effect upon any member of the Parish or Mission already actively serving in any Diocesan Office.
- For good cause shown, the Bishop or the Executive Council of the Diocese may suspend or reduce the imposition of sanctions arising from the failure to file timely the Annual Report required by this Canon.
Clergy Ministry Funds Policy
Bishop’s Customary
The diocese has a Conflict of Interest Policy that can be found in Appendix B of the Bishop’s Customary. All clergy should read this policy to ensure compliance.
Financial Workshop Resources
The Financial Resources for reporting will help parishes in preparing financials for the diocese.