|
Strategic Planning and Finance Committee
Purpose: The purpose of the Strategic Planning and Finance Committee is to engage in a formal financial planning and budgeting process which will support the vision, mission, values, and the allocation of financial resources toward a strategic direction-setting responsibility includes all long range thinking and decision making.
Clear strategic direction can be developed only with a thorough understanding of congregation and pastoral needs, services, and financial dimensions of the Center’s operation, as well as the demographic and other environmental forces affecting the organization, which in term, stimulates a demand for focus on concrete measures to use to evaluate performance management by the Executive Committee. The measures encourage the BCBLC Executive Committee to determine appropriate goals, which can be used to conduct meaningful self-evaluation.
The Church finds itself at a strategic “choice-point” in its mission and ministries. Church leadership, clergy and non-clergy alike, realizes the task of reshaping both the functioning and the future growth of the church. There is the need to examine the presuppositions that inform the church’s vision, mission, goals, internal structure, leadership, member involvement, and engagement with an increasingly secularized world and diverse local community.
| Terms of Reference |
Responsibility and Authority |
|
Review the vision, mission, values, goals that will provide strategic direction for the center.
|
Recommend to EXCOM |
|
Develop budget assumptions to be used in the budgeting process.
|
Refer to ADCOM |
|
Brainstorm ways to increase funding for the long term operations of the BCBLC.
|
Refer to ADCOM |
|
Review and present the preliminary operating budget for each fiscal year.
|
Refer to ADCOM |
|
Develop a long term financial plan and budget for the complete operations of the Center by 2010.
|
Refer to ADCOM |
|
Review, evaluate, and monitor performance of the annual budget.
|
Refer to ADCOM |
|
Produce quarterly financial reports to ADCOM and Executive Committee.
|
Refer to ADCOM
EXCOM |
Meetings: The Strategic Planning and Finance Committee shall meet at least twice annually. The chair may invite persons for counsel as needed. The committee shall be responsible for selecting the secretary.
Members:
James Lewis, Chair Billy Wright Gregory Allen
Trevor Baker, Vice Chair Jerome Davis Charles Cheatham, Ex Officio
V. J. Mendinghall Willie Taylor Delbert Baker, Ex Officio
Phyllis Ware Sabrina Cotton Harold L.Lee
|
