2016 Wesleyan Discipline:Local Board of Administration Property and Finance Duties and Powers

Property and Finance

(28) To direct the local board of trustees in the maintenance of church property, the signing of notes and mortgages and the attending to all legal matters connected with the church, in keeping with the requirements of local laws (2016 Wesleyan Discipline:4510), and The Discipline (2016 Wesleyan Discipline:850-859; 2016 Wesleyan Discipline:4500-4720; 2016 Wesleyan Discipline:4760); or if trustee responsibility is delegated to the local board of administration by the local church conference, to care for such matters.

(29) To direct the local board of trustees to secure sufficient property and liability insurance to cover all buildings and vehicles owned and operated by the local church (2016 Wesleyan Discipline:856:8); or if trustee responsibility is delegated to the local board of administration by the local church conference, to care for such matters.

(30) To recommend to the local church conference financial policies, and to administer such as are adopted (cf. 2016 Wesleyan Discipline:655:10). The local board of administration shall review all plans of support annually, adjusting salaries as advisable, recommending changes in the financial policies as necessary (cf. 2016 Wesleyan Discipline:746).

(31) To recommend an annual budget to the local church conference, to assist the pastor in securing the money necessary to fund the adopted budget, and to authorize expenditures within the limits of the adopted budget (2016 Wesleyan Discipline:655:12; cf. 2016 Wesleyan Discipline:865-868); or to assume, if such authority is delegated by the local church conference (2016 Wesleyan Discipline:655:12), authority to adopt the annual budget and authorize all expenditures within the limits of the budget and any expenditures not provided for in the annual budget; to provide for annual audits of all funds (cf. 2016 Wesleyan Discipline:863).

(32) To recommend to the local church conference: all major expenditures or investments; the purchase or sale of property, the erection or remodeling of buildings, all mortgages or other indebtedness which encumbers the property and major items of equipment (2016 Wesleyan Discipline:655:13; 2016 Wesleyan Discipline:4700-4720); and other expenditures not provided for in the annual budget (cf. 2016 Wesleyan Discipline:655:12).

(33) To implement all General Church and district plans which apply to the local church, and to see that the local church raises its assigned portion of the United Stewardship Fund, supports all other General Church financial campaigns and offerings, and raises the amount assigned to it by the district conference for the support of the district work.

(34) To open the doors of the local church to properly authorized representatives of the General Church, the general educational institutions of the area and the district for the presentation of their interests, and for the receiving of offerings in keeping with the approved financial plan.

(35) To seek advice from the district board of administration or from an investment committee authorized by the district board of administration when making investment or distribution of funds received as an undesignated estate gift, property for sale or other out-of-pattern contribution with value equal to or exceeding the total contributions for all purposes of the preceding year (cf. 2016 Wesleyan Discipline:1233:33).