General Finance Commission – October 2008
The General Finance Commission of the Order held its first meeting of the 2007-2013 sexenium in the Curia house from 6 to 8 October. Members were brought up to date on the Order’s financial state with a review of the Curia’s income and expenditure and presentations on the Society of the Little Flower and on the Domus Carmelitana. Two lay experts on the commission guided discussions on the impact of the current financial crisis on investments and fund raising. The commission examined the Curia budgets for the coming year and began planning for the Triennial Bursars’ Meeting which will be held in October 2009. The next meeting of the commission will be in March 2009, and will take the form of a joint meeting with the Domus Management Board for some of the time.