Mandate
The main tasks of the Finance
Committee will be to:
1.
Review
first report of Finance Committee Moderator
2.
Receive
KPMG management report on 2003 audit
3.
Receive
preliminary 2004 financial statements
4.
Receive a
report on Ecumenical Centre building renovation
5.
Approve
2005, 2006 and assembly budgets
6.
Review
income development strategies for the Council
7.
Receive a
report on the new membership fee calculation method
8.
Receive
and review financial implications of pre-assembly
evaluation
9.
Consider
functioning of Assembly Finance Committee
10.
Consider
institutional functioning of the WCC, its governing structure and matters of
legal and constitutional concerns arising out of the consensus
method
11.
Discuss
the reports of the Officers, the Moderator and the General
Secretary
Proposed
Annotated Agenda
On Friday, 18
February, from 17.45 to 18.45 one of the Officers and another member
of the Finance Committee will join the Programme Committee for a session on 2006
plans.
Thursday,
17 February
16.00 - 17.30
Session 1
1.
Opening
Remarks by Moderator
2.
Receive
the KPMG management report on 2003 audit (with representatives of Audit
Committee and auditors)
3.
Review
the first report of the Finance Committee Moderator
4.
Receive
and review the 2004 draft financial statements
5.
Ratify
the appointment of auditors for 2004
6.
Discuss
the Report on the WCC Pre-Assembly Programme Evaluation (Doc. GEN 8), paying
attention to the financial implications of those recommendations and forward
comments to the Policy Reference Committee III
17.45 - 18.45
Session 2
7.
Discuss
the Report on the Consensus Method (Doc. GEN 4, 4.1, 4.2, 4.3 and 4.4) and
forward comments to the Policy Reference Committee III, which will deal with
this matter
8.
Discuss
the report "From Harare to Porto Alegre" (Doc. GEN 7) and forward
recommendations to the Programme Committee
9.
Discuss
the Report of the Officers (Doc. GEN 1), the Report of the Moderator (Doc. GEN
2) and the Report of the General Secretary (GEN 3) and send comments to the
Policy Reference Committee III
Friday,
18 February
16:00 - 17.30
Session 3
10.
Ratify
the budget 2005 (approved by the Officers June 2004 and endorsed by the
Executive Committee August 2004), including capital expenditure priorities at
the Ecumenical Centre and Bossey
11.
Approve
the 2006 budget
12.
Receive
the notes on 2005 and 2006 cash flow projections
13.
Consider
the functioning of the Assembly Finance Committee
17.45 - 18.45
Session 4
14.
The Officers of the
Finance Committee join the Programme Committee (re. 2006 plans and
budget)
15.
Report on the possible
transformation of the main conference hall
Saturday,
19 February
09.00 - 10.30
Session 5
16.
Feedback
on joint session with the Programme Committee
17.
Review
the report on income development strategy
18.
Receive
the report on new membership fee calculation system
19.
Consider
the comments from the Policy Reference Committee II on the assembly programme
and approve the assembly budget
11.00 - 12.30
Session 6
20.
Report of the Petit Bossey
renovation
21.
Report on investment
management tender
22.
Summary of conclusions to
Central Committee
23.
Draft the Report of the
Finance Committee
14.00 - 15.30
Session 7
24.
Draft the
Report of the Finance Committee
16.00 - 17.30
Session 8
25.
Continue finalizing the
Report of the Finance Committee
17.45 - 18.45
Session 9
26.
Receive the Final Report
of the Finance Committee