From the Treasurer
Your Church Council has approved the final budget adjustments for 2012.
Income – Change from 2011
General Budget $275,484 +$8,146
Expenses
Apportionments $45,568 -$1,682
Staff $131,915 -$8,109
Church Programs $21,000 +$1,150
Building and Grounds $39,000 $12,200
Utilities $25,800 +$2,800
Administration $9,222 +$2,322
Total $272,505 -$2,230
Net Income $2,979
82.8% of our spending plan is for our local church.
The Church Finance Committee recommended and the Church Council approved paying the copier loan by the end of 2012 (six months early).
A $3,000 line item for the Soul Café has been added for the 2012 budget.
Status on pledges: The 2012 Stewardship Campaign has resulted in a 35% increase in the number of families making pledges and a 34% increase in the total pledged. 62 families have pledged $165,210 for 2012.
The Council has approved the elimination of the 100% + fund which had been established to assist in reaching our apportionment goals. Henceforth our apportionments will be paid through our normal operating budget.
The Church Montagnard Fund has been diminished because of recent expenses. If you would like to help replenish that fund please annotate on your gift to “Montagnard Refugee Ministries.”
Thank you all so much for your continuing support for the ministries of this church!
Tom Schmidt
Treasurer