Emerging Congregations Fiscal Procedures

1. Newly established and/or developing congregations (i.e., house churches, expansion groups, cell groups, etc.)
2. Existing congregations unable to assume responsibility for their operations and ministries
1. A sufficient number of functioning priesthood members are not available to carry out congregational programs and ministries.
2. A suitable individual is not available to serve as pastor.
3. Sufficient financial resources are not available to support congregational programs and ministries.

1. Financially self-sufficient emerging congregations will have their Emerging Congregational Financial Officer (ECFO) appointed by the Mission Center Financial Officer (MCFO). The ECFO is typically a member of the emerging congregation; however, alternative appointments may be necessary. Such emerging congregations will be responsible for:
1. Establishing and approving a budget.
2. Raising income.
3. Auditing financial records.
4. Providing reports to the Mission Center President (MCP), MCFO and (as directed) the mission center conference or mission center council (as determined by the field apostle and MCP).
5. Receiving, receipting, accounting and disbursing local and World Church funds according to the current established procedures published by the Presiding Bishopric.
2. Emerging congregations that require outside sources for financial income will have their EFCO appointed by the MCFO or have the MCFO serve as their ECFO. The ECFO is typically a member of the emerging congregation; however, alternative appointments may be necessary. Such emerging congregations will be responsible for:
1. Establishing a recommended budget under the leadership of the MCFO and MCP and submitting it to a mission center conference or mission center council (as determined by the field apostle and MCP) for approval.
2. Conducting an audit of their financial records, under the direction of the MCFO, and submitting them to the mission center conference or mission center council (as determined by the field apostle and MCP) for review and approval.
3. Providing reports to the MCP, MCFO and (as directed) the mission center conference or mission center council (as determined by the field apostle and MCP).
4. Receiving, receipting, accounting and disbursing local and World Church funds according to the current established procedures published by the Presiding Bishopric.