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How (and by whom) are financial decisions made in the Catholic Church?

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Coming from a denomination that doesn't subscribe to one earthly central Church authority, or a rigid structure, I find it very interesting to learn about denominations that do have such a structure. While browsing through the "Gospel Topics" section on the LDS website, I ran across the article on Tithing, which says this: > Church members give their tithing donations to local leaders. These > local leaders transmit tithing funds directly to the headquarters of > the Church, where a council determines specific ways to use the sacred > funds. This council is comprised of the First Presidency, the Quorum > of the Twelve Apostles, and the Presiding Bishopric. Acting according > to revelation, they make decisions as they are directed by the Lord. > (See D&C 120:1.) That's a very clear, understandable high-level explanation of the process including who makes the decisions. Before getting to the question, here's a high-level explanation of my Church's process and who makes the decisions. In my own Church (A Baptist one) it's handled in a more straightforward democratic fashion. Once per year, the Pastor puts together a budget of *anticipated* expenses (by category - Pastoral care, Sunday School Supplies, etc.) and *anticipated* income (based on last year's Tithes, growth trends, etc.), and presents it to the Church. The Church (meaning the voting (age 18+) members of the local Church) discuss and vote on the budgets. Usually we accept the Pastor's budget, but we may discuss and adjust certain line-items. Then, throughout the year, as needs arise, they are met if they fall within the budget. The Pastor has some leeway on certain items. For example, we have a line item for "Needs of others", and the Pastor can dole that out to individuals in need at his discretion. One last thing before the actual question, I really am interested in how this is handled in other denominations, but I don't want to turn this into a "list" question. And I don't want to re-post the same question over and over naming different denominations in each. So I'm going to focus on one Church with a central authority and a well-defined structure that interests me, and ask about them. --- Without further ado: In the Catholic Church, can someone provide an overview of who makes the broad financial decisions, and what is the process?
Asked by David Stratton (44287 rep)
Dec 20, 2013, 02:02 PM
Last activity: Dec 20, 2013, 04:17 PM