07.03.2015 Views

Grand Knight Handbook

Grand Knight Handbook

Grand Knight Handbook

SHOW MORE
SHOW LESS

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 offered to assist grand knights in becoming<br />

acquainted with the financial obligations of his position as rapidly<br />

as possible and thus to prevent future misunderstandings.<br />

Per Capita Tax [PCT]—Councils are billed in January and July at<br />

$1.75 per member based on the members of record on file at<br />

the Supreme Council office on the first of each of those months.<br />

Catholic Advertising Fund [CAF]—Councils are billed in<br />

January and July at $.50 per member based on the members<br />

of record on file at the Supreme Council office on the first of<br />

each of those months.<br />

Culture of Life Fund—Councils are billed in January and July at<br />

$1.00 per member based on the members of record on file at<br />

the Supreme Council office on the first of each of those months.<br />

The financial secretary receives a Council Statement each<br />

month from the Supreme Council office 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 of his council’s financial<br />

standing as it relates to the Supreme Council office. Each<br />

month the grand knight receives a membership and financial<br />

statement from the Supreme Council office that contains similar<br />

information.<br />

Is there a time limit on council payments to the Supreme office?<br />

Yes! Section 156 provides that assessments (and supply<br />

charges) must be paid within three months and ten days<br />

[100 days] of the first of the month in which the billing is<br />

received as follows:

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!