Finances for a Dissovled Ward

Discuss questions around local unit policies for budgeting, reconciling, etc. This forum should not contain specific financial or membership information.
Post Reply
New Member
Posts: 1
Joined: Fri Nov 20, 2015 8:01 pm

Finances for a Dissovled Ward


Post by mike.little »

We are dissolving two wards in our stake. How will the finances (budget, other account, missionary accounts) be re-distributed to the remaining wards?
Community Administrator
Posts: 31971
Joined: Sat Jan 20, 2007 2:53 pm
Location: U.S.

Re: Finances for a Dissovled Ward


Post by russellhltn »

While the ward may be dissolved, the members are not. The stake becomes responsible for the records, but the funds would follow the members to their new unit.
  • Budget - goes to the ward absorbing the members. If more than one ward, it would be split in some way based on the numbers
  • Missionary Account - the sub-account funds should follow to the unit responsible for the missionary. As for the top-level, unless there's a need for the missionaries, I'd image that would go to the stake for re-distribution or sending to SLC in accordance to excessive funds.
  • Other - if done right it would be collected for specific events - the money should follow the members the events are for or refunded to the donors. In some cases it would be sent to SLC, again, following the guidelines for the Other account.
Have you searched the Help Center? Try doing a Google search and adding "" to the search criteria.

So we can better help you, please edit your Profile to include your general location.
User avatar
Community Administrator
Posts: 15138
Joined: Tue Nov 27, 2007 8:48 pm
Location: Sandy, Utah

Re: Finances for a Dissovled Ward


Post by aebrown »

Note also that there are rules about tithing settlement and donor statements regarding discontinued units. You should be able to go to the Help Center and search for "discontinued ward" to find that information.
Post Reply

Return to “Local Unit Finance”