Budget & Management

BUDGET GUIDELINES

Including clergy compensation and benefits, common mission share guidelines, and other congregational budget information.

Common mission share pledge to the diocese

In November, congregations are asked to make an annual pledge to the Diocese of Chicago to support the Common Mission undertaken by our Bishop. The Diocesan Canon regulating congregational giving is Canon 40. This pledge is voluntarily given and the Diocesan Convention has set guidelines for giving. These voluntary giving guidelines are based on a congregation's Line A as reported in it's annual parochial report.

  • If Line A is under $100,000 - Please pledge 11% of your income to the Diocese
  • If Line A is $100,000-$200,000 - Please pledge 13% of your income to the Diocese
  • If Line A is over $200,000 - Please pledge 15% of your income to the Diocese

To learn more, please review the 2016 Common Mission Share Pledges.

All pledge payments should be sent to:

Episcopal Diocese of Chicago Treasurer's Office
65 E. Huron Street

Chicago, IL 60611-2728

Manual of Business Methods in Church Affairs

The Manual for Business Methods in Church Affairs (in English & Spanish) provides specific guidance on financial management; budgeting; cash management; investment management; internal control; bookkeeping; financial statements; financial reporting; payroll taxes; travel & expense reporting; clergy discretionary funds; audit guidelines; insurance; parochial reports; record management; and examples of commonly used forms.

In general, financial matters within any Diocesan entity are ruled by the Canons and Constitution of The Episcopal Church. More information is available in Canon 39 of the Diocese of Chicago Canons or Title 7 of The Episcopal Church.

MILEAGE REIMBURSEMENT

Effective January 1, 2018, automobile mileage can be reimbursed at the rate of $0.545 per mile. Beginning and ending mileage must be noted from your odometer. Reimbursement from home to office may not be submitted.

Sample financial report

A PDF example of a Monthly Report of Revenue and Expenses can be found here. An excel example of a Financial Report can be found here

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