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GEN/FIN 1 Annotated Agenda

22 February 2005

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