Project Decisions and Recommendations:
Assets & Funding Task Group

In January 2009 at a special meeting of the Conference Executive motions pertaining to the work of the Assets and Funding Task Group were brought to the floor by the Steering Group. These were outlined in the March Restructuring Update (newsletter issue 7). One motion that was carried involved the formation of an Implementation Task Group. This task group was to develop recommendations around:

• Setting up of the new funds
• Funding approved commitments for five years
• Governance and oversight
• Investment policy
• Fund management
• Administrative procedures (e.g.: accounting)

The Task Group stopped their work in April after receiving the information that the Presbytery funds could not be created as planned. They had already produced a draft report which was presented to the Conference Executive on May 15. The report can be viewed through the following links:

Executive Appendix A
"Clearing the Air": Report to Toronto Conference of the Task Group on the Clarification of the Mandate and Role of Toronto United Church Council
PDF (664 KB)

Executive Appendix B
Steering Group Report on the Toronto Conference Assets and Funding Implementation
PDF (716 KB) or Word Doc (4.5 MB)

Executive Appendix C
Toronto Conference Assets and Funding Implementation Task Group Report
PDF (432 KB) or Word Doc (780 KB)

Executive Appendix D
Toronto Conference Church Development and Property Policy Review Task Group Report
PDF (68 KB) or Word Doc (120 KB)