Capital Assets Committee:
Advises the Board regarding the stewardship and deployment of the Presbytery’s capital assets, including invested funds and real property owned directly by the Presbytery (but not including real property under the care of congregations).
- Investments – The Capital Assets Committee in consultation with the Presbytery Accountant/Bookkeeper monitors, reports on and makes recommendations to the VAB regarding the stewardship and deployment of the presbytery’s invested funds and spending policy. Provides annual reports to the Finance Team, VAB and the presbytery. The Capital Assets Committee shall provide to the VAB, quarterly financial reports to show the overall financial position of the presbytery, including fund performance, real property valuations, etc.
- Real Property – Advises the VAB regarding the stewardship, care and maintenance, use, insurance, security, sale of real property owned directly by the Presbytery (including Presbytery Center) (but not including real property under the care of congregations) and provides all necessary care of real property.
Presbytery of Newark Capital Loan Application Form