Grand Knight's Handbook - Knights of Columbus, Supreme Council
Grand Knight's Handbook - Knights of Columbus, Supreme Council
Grand Knight's Handbook - Knights of Columbus, Supreme Council
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
23<br />
FINANCIAL OBLIGATIONS<br />
The following is <strong>of</strong>fered to assist grand knights in becoming<br />
acquainted with the financial obligations <strong>of</strong> the position as rapidly<br />
as possible and thus to prevent future misunderstandings.<br />
Per Capita Tax [PCT]—<strong>Council</strong>s are billed in January and July at<br />
$1.75 per member based on the members <strong>of</strong> record on file at<br />
the <strong>Supreme</strong> <strong>Council</strong> <strong>of</strong>fice on the first <strong>of</strong> each <strong>of</strong> those months.<br />
Catholic Advertising Fund [CAF]—<strong>Council</strong>s are billed in<br />
January and July at $.50 per member based on the members<br />
<strong>of</strong> record on file at the <strong>Supreme</strong> <strong>Council</strong> <strong>of</strong>fice on the first <strong>of</strong><br />
each <strong>of</strong> those months.<br />
Culture <strong>of</strong> Life Fund—<strong>Council</strong>s are billed in January and July at<br />
$1.00 per member based on the members <strong>of</strong> record on file at<br />
the <strong>Supreme</strong> <strong>Council</strong> <strong>of</strong>fice on the first <strong>of</strong> each <strong>of</strong> those months.<br />
The financial secretary receives a <strong>Council</strong> Statement each<br />
month from the <strong>Supreme</strong> <strong>Council</strong> <strong>of</strong>fice indicating all charges<br />
and credits as well as any changes in membership. The financial<br />
secretary should show each month’s statement to the<br />
grand knight so he will be fully aware <strong>of</strong> his council’s financial<br />
standing as it relates to the <strong>Supreme</strong> <strong>Council</strong> <strong>of</strong>fice. Each<br />
month the grand knight receives a membership and financial<br />
statement from the <strong>Supreme</strong> <strong>Council</strong> <strong>of</strong>fice that contains similar<br />
information.<br />
Is there a time limit on council payments to the <strong>Supreme</strong> <strong>of</strong>fice?<br />
Yes! Section 156 provides that assessments (and supply<br />
charges) must be paid within three months and ten days<br />
[100 days] <strong>of</strong> the first <strong>of</strong> the month in which the billing is<br />
received as follows: