Finance Committee report to the 6-18 Church Council Meetng
At May month end:
General Fund giving was $151k vs. $154k in 2011
Expenses were $147k vs. $159k in 2011
The General Fund balance was $14k vs. $8k last year.
We continue to pay our monthly apportionments as the General Fund balance permits. YTD we have paid $14.1k of the $54.6k annual total.
We have several long-standing funds which have had little or no change for at least the past 18 months. We propose to close them and deposit the funds into the General Fund. The are:
Scouting Awards Fund
Mom’s Morning Out
MAC group
Children’s Ministry
Adult Christian Education
We request feedback on this proposal
Respectfully submitted,
Chris Hipp
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