The committee will conduct an independent review of the financial aspects of the reconfiguration including the transfer of liquid assets and liquidation of the liabilities of closed parishes, the establishment of a Parish Reconfiguration Fund which will receive the proceeds generated from the sale of closed parish property, and the use of those proceeds. The committee will assess and make recommendations regarding the integrity of the process used to handle and dispose these assets and liabilities, the financial reporting of this information to Catholics in the archdiocese, and operational improvements. It will also assess the extent to which the disposition of proceeds conforms to the commitment to use the Parish Reconfiguration Fund only to help parishes with past, present, and future obligations and programs. See additional detail in the “Purpose” section below. The committee will be advisory in nature; decision-making authority for the financial aspects of the reconfiguration process will rest with archdiocesan personnel.