The mission of the finance committee shall be to exercise oversight of all financial affairs of the congregation, to assure that they are being administrated properly.  As continuing responsibilities, the finance committee will propose an annual budget based on the needs of the individual standing committees and the congregation for the succeeding year and submit it to the congregational council for action and later presentation to the congregation at the annual meeting Assure particular attention to the proper payment of all obligations and to the regular forwarding  of benevolence monies to the synod treasurer Be responsible for the congregations investments and its total insurance program, subject to the approval of the council. Review monthly reports of the treasurer for budget compliance, cash flow needs, anticipated future needs and etc.  Monitoring the current budget and variations from the budget and make recommendations to the council as necessary. Determine source of funds as appropriate for non budget items and make recommendations for action to the council. Exercise oversight of administration functions of the congregation which are relevant to its financial concerns including establishing guidelines for handling, counting, and depositing of monies and recording of contributions.