Canon Law requires every bishop to appoint a Diocesan Finance Council of persons skilled in finance and civil law, who are to prepare the budget for the diocese (Canon 492). "The members of the finance council are taken from among the 'members of the Christian faithful.' While the finance council is not required to be representational, it would seem advisable that it include both clergy and laity (Canon 49)."

In addition to the Bishop, the Council is comprised of one priest, one woman religious and seven lay people. These members are appointed to renewable five-year terms, and the Bishop is required to obtain their consent for major financial transactions and is instructed to seek their counsel in other cases. It is the responsibility of the Diocesan Finance Council to plan and review the financial operations of the Diocese.

Diocesan Finance Council

•  Most Reverend John O. Barres, Bishop of Rockville Centre, Chairman
•  Father Eric Fasano, Vicar General
•  Thomas E. Christman, St. John’s University, Adjunct Professor
•  Daniel T. Henry, American Express Company, VP & CFO – Retired
•  Anne M. McSweeney, Memorial Sloan-Kettering Cancer Center
•  Kevin T. Murphy, Director of Diocesan Administration
•  Peter Quick, Burke & Quick Partners
•  Lewis Ranieri, Ranieri & Co., Inc.
•  Joseph A. Tarantino, President and CEO, Protiviti, Inc.
•  Eileen Alexanderson, Retired Managing Director of Lazard Asset Mgmt.