Diocesan budget and accounts

Diocesan Budget

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 will use a three-rolling budget prepared on a zero-based method.

Agreed budgets

Financial reports and accounts

The Ely Diocesan Board of Finance Reports and Accounts are posted on the Charity Commission website and can be viewed via this link.