The financial planning of the Church shall be carried out through the medium of annual budgets for carrying out of the various programs of its work.  Annual budgets shall be adopted by the church upon recommendation of the Council of Elders, or, if authorized by the elders, the deacons or other committee.  Matters involving staff compensation shall be the responsibility of the lay members of the Council of Elders.  The Council of Elders may delegate this responsibility provided such delegation is to lay deacons and or other lay members of the church.

The church shall receive all moneys or other properties transferred to it for the purposes for which the church was formed.  However, nothing contained herein shall require the elders to accept or receive any money or property if they determine that receipt of such money or property is contrary to the expressed purposes of the church.

No method of raising funds shall be entertained which is in conflict with the scriptural ideals of the church.  All funds donated for missions by the societies and organizations of the church shall pass through the church Financial Secretary and the Treasurer in order that due record may be made.

The church shall hold, manage and disburse any funds or properties received by it from any source in a manner that is consistent with the expressed purposes of this church.  All checks, drafts, demands for money and notes of the church shall be signed by such officer or officers, agent or agents, as the elders may from time to time designate.

The treasurer shall disburse these funds promptly according to the financial program of the church as detailed in the budgets or other authorized designations.  All moneys for missions shall be remitted in accordance with the mission budget of the church or otherwise designated, preferably each month and not less than each quarter.

No note or contract exceeding 1% of the total annual budget whereby the credit of the church is pledged shall be made except by recommendation of the Council of Elders.