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Diocesan Finance Board

Contact: Tom Jolley

 Email
Phone: (07) 4632 7589  
Fax: (07) 4632 2753  
       
Office Location: The Shrine Postal Address: PO Box 1262
  502 Ruthven Street   Toowoomba Qld 4350
  Toowoomba    

 

The finance board of the Diocese of Toowoomba, established in accord with Canon 492, §1 of the Code of Canon Law, is an organ of collaboration of the Christian faithful with the bishop in the administration of the financial matters of the entire diocese.
 

Among the duties of the Diocesan Finance Board are:

  • To advise the bishop on financial policies for the diocese.
  • To prepare annually a budget of income and expenditure over the coming year for the governance of the entire diocese, in accordance with the directions of the bishop, and after appropriate consultation with the heads of the diocesan departments.
  • To examine at the end of each year the report of the diocesan finance officer on the income and expenditure of the diocese.
  • To examine the annual reports of the administrators of the parishes and of the other public juridic persons subject to the diocesan bishop.
  • To express an opinion, after legitimate convocation in accord with Canon 127, §1, on those matters where the Code of Canon Law calls for the diocesan bishop to have recourse to the finance board.
  • To give or withhold consent with regard to acts of extraordinary administration, acts of alienation, those acts judged to endanger the patrimonial condition of the public juridic person in question, and to leases covered by the norms laid down by the conference of bishops.
  • To present other recommendations regarding fiscal policy in the diocese.
  • To monitor investment policies.
  • To inform the bishop regarding financial trends which could affect the stable patrimony of the diocese.

The diocesan finance board has those powers accorded to it in the Code of Canon Law.  The diocesan bishop is not bound to follow the advice given in those cases where the law requires him to consult the board.  In those cases where the law requires he obtain the consent of the board, a withholding of consent bars the bishop from proceeding with the proposed act.

The finance board is presided over by the diocesan bishop, and is composed of at least three members of the Christian faithful appointed by him.  The board members are to be outstanding for moral integrity, actively involved in the life of the local church, capable of evaluating financial choices with an ecclesial spirit, and expert in civil law or finance, as testified by their professional qualifications and testimonials.

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