Canon Law requires every bishop to appoint a Diocesan Finance Council of persons skilled in finance and civil law, who are to prepare the budget for the diocese (Canon 492). "The members of the finance council are taken from among the 'members of the Christian faithful.' While the finance council is not required to be representational, it would seem advisable that it include both clergy and laity (Canon 49)."
In addition to the Bishop, the Council is comprised of one priest, one woman religious and seven lay people. These members are appointed to renewable five-year terms, and the Bishop is required to obtain their consent for major financial transactions and is instructed to seek their counsel in other cases. It is the responsibility of the Diocesan Finance Council to plan and review the financial operations of the Diocese.
The Diocese of Rockville Centre is grateful to have the following members serve on its Finance Council:
- Most Reverend William Murphy, Bishop, Diocese of Rockville Centre
- Bishop Robert Brennan, auxiliary bishop and Vicar General, Vicar General/Moderator of the Curia.
- Mr. Thomas E. Christman, adjunct professor of finance, St. John's University and former chairman and CEO of CM&M Group, a diversified international financial services holding company.
- Mrs. Anne M. McSweeney, director, office of development, Memorial Sloan-Kettering Cancer Center.
- Mr. Kevin T. Murphy, director of administration Diocesan.
- Mr. Peter Quick, Partner, Burke and Quick Partners, LLC.
- Mr. Lewis S. Ranieri, CEO & President of Ranieri Partners Management, LLC.