Ever wondered how the Diocese spends money and where it goes? This is all laid out on the Diocesan budget and accounts pages of the website.
The objectives of the current budget are to:
- increase the number, and training, of people exercising Christian ministry in the diocese
- sustain ministry in every parish by deploying the full number of parish priests apportioned to the diocese by the Archbishops' Council
- encourage recruitment of parish clergy by maintaining stipends at the level recommended for the eastern region by the Archbishops' Council
- upgrade parsonage houses to modern standards and provide routine maintenance and expenditure.
How the budget is agreed
The annual budget is drawn up after wide consultation across the diocese:
- at the beginning of each year, budget holders are invited to submit their estimated expenditure for the following financial year, which begins on 1 January
- a draft budget is drawn up and put before the Finance Committee, the Bishop's Council and the Diocesan Synod for their consideration during the spring
- the Finance Committee then draws up the final budget which is made available to deanery synods for comment and approval
- From 1 January 2017 the Diocese have used a three-rolling budget prepared on a zero-based method.
A simple Guide to the Budget for 2020-21
Find out more
More information on matters of Finance, Ministry Share and Parochial Fees can be found on the Finance section of the website here.