Through First Quarter 2010 giving has increased, spending decreased and Apportionments payments increased vs. 2009:
| 2010 | 2009 | |
| General fund giving | $88k | $85.8k |
| Spending | $88.6k | $107.4k |
| Apportionments payments | $8.8k | 0 |
| General Fund balance | $9.6k | -$11.3k |
Much of the reduced spending results from Trinity spreading its gas heating costs over the calendar year rather than paying them as incurred. Through March 2010 we paid $4.4k vs, $24.9k in 2009. Regina Truitt agreed to determine how much Trinity will pay for the remainder of 2010.
The Easter Offering was $4.9k, 50% of which will be used to pay Apportionments and the remainder to cover program costs.
Financial assistance was offered to the Von Walds and Ginny Wilkinson to enable them to purchase health insurance, starting 4/15.
The possibility of offering Nate Lange a part-time position as a Local Minister was discussed. Much remains to be resolved, but if he were to be offered such a position it is desired to have it start July 1st. Compensation for a full-time position would be about $34k annually. This subject will be revisited during out May meeting.
Jeff Childs asked for a representative from the Finance Committee to participate in a Planned Giving committee to continue the work begun several years ago. FC members are asked to consider volunteering for this role.
Initial concepts for a series of fall stewardship neighborhood meetings were discussed.
Our next meeting will be May 11th at 6:30 pm.
Chris Hipp Chair Finance Committee
I'm not sure why there's a big space above the 09-10 chart... I'll try to figure that out for next month ;)
ReplyDeletehere's what regina truitt found out about the gas bill:
ReplyDeleteI checked the gas bills for all of Trinity's properties. Our review month is July. Our budget payment was decreased in January based upon review. We are currently $1,013 behind (actual bills - budget bills = $1,013 due) This does not mean that in July we will be owing that much, it just means that we are currently behind and as the spring goes forward we will catch up.
It seems to me that the budget for Historic Trinity is about double what it should be. So I am guessing (after taking into account the possible increase in gas cost next winter) that we should be under budget by $4-5,000 by the end of the calendar year on the gas bill.
Reg