FINANCIAL REPORT - For the Months ended July 31, 2022

 

                                                 YTD Balance                 2022 YTD Budget    % of Budget

Income
Weekly Offerings                        $ 158,184.31                       $ 164,622.00         96.09%
Special Offerings                                 $ 50.00                           $ 4,090.00           1.23%
Other Income                                  $ 6,390.71                           $ 9,885.00         64.65%
                          Total                  $ 164,625.02                        $ 178,597.00        92.18%
 
Expenses
Apportionments                             $ 18,000.00                          $ 25,202.00        71.43%
Programming                                   $ 4,888.08                            $ 5,916.00        82.63%
Pastoral Support                            $ 68,542.52                          $ 66,864.00      102.51%
Program & Support Staff        $ 32,732.55                          $ 41,556.00        78.77%
Operations                                     $ 32,927.71                           $ 39,082.00        84.26%
                           Total                  $ 157,090.86                         $ 178,620.00        87.95%

 

In the first seven months of 2022, The church’s income is under budget by $13,971.98 or 7.82%.  Expenses continue to be under budget by $21,529.14 or 12.05%.   Though the church is doing satisfactorily at this time, we continue to ask that you keep praying for our church finances.  We thank everyone in our church family for your continued support. Remember these words from Luke 6:38, “Give, and it shall be given unto you; good measure, pressed down, and shaken together, and running over, shall men give into your bosom. For with the same measure that you give  it shall be measured to you again.”

Jim Hornby, Finance Committee Chair

Finance News

The Finance Committee is grateful to all who have kept their pledge giving up to date.  It is very important to continue to keep giving on a regular basis throughout the summer because our expenses don’t take a break during this time, and our biggest expenses are prorated over twelve months. 
We have met our goal for donations for the repair of the stained glass window.  Thank you to all who felt let to donate towards these repairs.
Our church offers electronic giving as a way to automate your regular weekly offering.  The electronic giving offers convenience for individual congregational members and provides much needed donation consistency for our congregation. 

• Direct Debit Giving is used to automatically transfer funds from your checking or savings account to the Church banking account.  Call the church office to sign up if you are interested.
• Donations through the Venmo System are also accepted by the church.  This allows congregational members to donate to the Church just by using their cell phone.  You need to register for a Venmo account to complete  this type of transaction.  As you contemplate future contributions, please consider electronic giving.  Authorization forms and additional information are available in the Church office. 

Jim Hornby, Finance Committee Chair


Add Comment