The Treasurer periodically reports information about the church finances to the Board of Trustees and to the Congregation during the Annual Meeting in June and the monthly Second Sunday Conversations.
Here are the latest updates:
From January 2018: 2017-18 Budget Mid-Year Report: At 50% of the year elapsed, we are at 62.83% in revenue receipts, including 62.91% of pledges received. This is only slightly above (about $4,000) what we expected for the year at this point, but still good news. Expenditures are at 46.91% through half the year, again at about expected levels. Some concerns are hovering about the extent to which pledge revenue will continue to meet expectations.A more definitive projection will be made at the end of the third quarter.
From October 2017: The Treasurer uses this space to report quarterly on the status of the budget. For the first quarter of 2017-18, expenditures and revenues are at anticipated levels, with revenues a bit above straight line projections, and expenditures slightly below a straight line projection. Pledge revenue, which makes up the lion’s share of revenues, is at about 30% of budget. Again, this is expected to be the case at this point in the year. Kerry Taylor, Treasurer