Role of the Budget and Finance Committee
In consultation with the Executive Director of Administration and Finance, the Budget and Finance Committee will:

• a. Recommend policy to assure good stewardship of church financial assets, assure appropriate levels of financial performance and debt levels, maintain appropriate financial flexibility, select investment managers, negotiate fees, and review performance, and assure proper accounting and reporting of all church financial records;
• b. Recommend to the Board of Administration compensation levels for the bishops and executive staff and set compensation schedules for all other general church personnel;
• c. Provide a careful review and recommend to the Board of Administration the operating budgets of Home Ministries, World Missions, and Light and Life Communications;
• d. Serve as the Audit Review Committee;
• e. Develop the funding model for Home Ministries' support;