Each year the Diocesan Board of Finance (DBF) agrees a budget to support ministry across the diocese, including clergy stipends, pensions, housing and the services that help parishes in their daily mission. These shared costs are met together through Parish Share.
The budget is carefully reviewed and agreed by Diocesan Synod, ensuring openness, accountability and shared responsibility. Once agreed, it forms the basis for calculating Parish Share: 60% reflects the ministry deployed in each benefice, and 40% is shared according to the number of people involved in church life across the diocese.
Because parishes contribute to this work, it is important that parishes feel informed and confident about how diocesan resources are stewarded.
Find below a simple A3 poster explaining our budget for 2026, as well as our budget guide document.
Click here or on the picture above to download the budget on a page poster for 2026
As a registered charity and company, the DBF manages diocesan resources responsibly on behalf of the Church. Because parishes contribute financially to this work, it is important that PCCs and Treasurers have confidence that the DBF carefully and responsibly stewards its resources. Its Annual Report and Accounts explain how funds are used and the impact they have, and further details are available via the Charity Commission and Companies House.