Treasurer’s Report: January – December, 2019
| Actual for Period | % of Amount Budgeted for Period | |
|---|---|---|
| Contributions Income | $325,903 | 98.6% |
| Total Income | $365,651 | 94.1% |
| Total Expenses | $349,157 | 98.6% |
| Net Income | $16,494 |
Financial update:
During our Semi-Annual Meeting on January 12, 2020, the congregation approved our 2020 General Fund budget. If you were not present, please stop by the church office to pick up a copy OR ask to receive a pdf copy emailed to you.
Here is a brief summary.
Staff Wages & Benefits $237,930
Administration/Office 38,025
Building & Grounds 59,400
Missions 31,750
Program Teams 11,250
Total $378,355
** From the 2019 Net Income, $12,000 was applied to the 2020 budget as income with the remaining $4,494 placed in our temporary reserve account. Those funds will be available to supplement our Building & Grounds budget, as needed. The approved 2020 budget is an increase of 2% from the 2019 budget.
Report from 150th Major Maintenance & South Wall Projects (2016 thru 2019). We have one project remaining – replacing the courtyard paving. The contract for that work is $21,764 plus permit expense. As of December 31, 2019, funds available for this work was $19,248 so we are short by about $2,500. We invite anyone willing to help make up the shortage. No amount is too small. We are almost there. Again, many thanks to Charlie Walker and his committee.
FBC Finance Committee,
Jane Apel, Roger Dell, Judee Kunze, Martha VanCleave, Don Watson
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