Abraham paying tithes to Melchizedek, King -Priest of Salem and receiving his blessing. The writer of the Book of Hebrews declares Jesus Christ is a King-Priest after the order of Melchizedek and also receives tithes
Section 1. Financial Support:
1. The Communion of Apostolic Churches shall be voluntarily supported by a tithe of tithes and offerings received from the labors of the apostles and elders (ruling pastors or bishops) of the various networks or jurisdictions of ministers and churches that make up the larger jurisdiction of the CAC.
2. In addition to the tithe of tithes and offerings from the member networks or jurisdictions and with the expressed approval of the General Council or Synod, certain CAC projects, including specified ministries, organizations, strategies, or mission outreaches shall be supported by special offerings raised throughout the member networks or jurisdictions.
3. In addition to CAC tithes and special offerings, many ministries and projects of the Communion, such as the Apostles Theological Seminary, our general conferences and conventions, media productions, the ministry of financial services, and the ministry of church growth and development will be self-supporting.
Section 2. Financial Management and Accountability:
1. The administration of the tithes and offerings received from the member networks and jurisdictions of the CAC shall be under the direction of the Presiding Apostle or Bishop with the consent and approval of the General Council or Synod.
2. The annual mission budget for the CAC will be proposed by the Presiding Apostle with the help of the Executive Council and submitted to the General Council for approval prior to the beginning of each fiscal year.
3. Standard banking and accounting procedures will be maintained by the Presiding Apostle’s office. The General Council or Synod will receive regular reports.