Monday, July 19, 2010

July Finance Report

The Finance Committee did not meet this month

Through June we have fully paid our apportionments, have $19k in our General Fund balance and have underspent our budget by $7.6k. There is $40.6k in the Capital Fund. This is a significant improvement from 2009, where our General Fund balance was negative and we had paid only 17% of apportionments.

July and August will be critical since worship participation is lower.

Respectfully submitted
Chris Hipp Chari Finance Committee

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