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The Finance Council is a consultative body of lay persons established to advise the pastor on matters pertaining to the financial affairs of the parish. The Council consists of eight members plus the pastor; they usually meet four times a year. The members are appointed by the pastor, usually for three year terms. The major responsibilities of the Council are to review and approve the parish budget, and annual finance reports, as well as to periodically review the financial position of the parish. The Council also makes recommendations to the pastor regarding the investment of parish funds.