Approval Process for Expenses
One Harbor has put in place systematic and detailed processes to govern how the organization practically spends its money. Most expenses must be pre-approved and documented by one of three budget managers, who are accountable to the Directional Elder Team for the accounts in their responsibility. Certain expenses, such as benevolence, require a minimum of two signatures. Other unique expense categories, such as meals for travel, are treated in individual policies which provide limits that church employees are authorized to stay within. In those cases, a policy review is made on every expense and if limits are exceeded, the employee may be obligated to cover the overage with his or her own resources.