October Finance Committee report to Church Council
For the month of September, General Fund giving at $24.3k matched spending, leaving the General Fund balance at -$5.3k. Giving through September is at $259.9k, with a year-end forecast of $364.7k. In September we again made no monthly apportionment payment to conserve cash.
The Capital Fund is at $37.1k, vs. $31.2k in 2010.
In 2011 we have 135 pledges, totaling $279.5k for the General Fund. Through September we have received $209.5k, 99% of the pledged amount, ytd.
we have had 250 active giving units so far this year.
The Trustees made several suggestions on how to minimize spending over the remainder of the year. They are considering two:
Paying our winter plowing bill on a monthly basis rather than the historic single payment, and deferring the fire alarm testing/maintenance contract until early in 2012.
The Trustees agreed to pay $1200 for new computers as a capital item, per agreement with the former pastor.
The 2012 Stewardship Campaign will be conducted on two Sundays:
11/13 and 11/20. Two letters will be sent as part of this campaign.
The Christmas appeal will be targeted at fully paying our apportionments..
Chris Hipp - Chair Finance Committee
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