General Fund results through February were reviewed. At February month-end GF giving is $49k vs. $56.5k in 2012, where there were 9 weeks vs. 8 this year. Giving is forecast to be about $340k at year-end, about $15k less than in 2012.
To get a better measure on where giving has changed, it will be analyzed by giving unit at the end of March. With three months data, trends should begin to emerge.
Several accounts were discussed. Account 440 (Church Programming) spending is about twice its annual spend rate. Jim Winter agreed to see what expenses caused this. Account 466 (Salary Custodian) is also $433 above its projected spend rate.
How expenses and revenue were reported for the recent ACE event were discussed.
After some discussion it was agreed to make an apportionments payment in March despite having only $3.1k in the GF account at February month-end. The committee agreed to discuss this subject at our monthly meetings and to authorize payments when it is financially prudent.
The committee also discussed Jim Winter’s request for remote access to our CDM financial software so that he can do more of his work remotely. We agreed to pursue this to facilitate his efforts on our behalf.
Respectfully submitted,
Chris Hipp
