Report from the Finance Committee

The church is still financially healthy, although giving is down from last year. Through September, giving is 93.9% of budgeted, total revenue is 95.3% of budgeted, and expenditures are 91.8% of budgeted. We are in the black financially. Thank God for the generosity of the church in this pandemic and the restraint shown by the staff. Despite 6 of the 9 months showing less giving than budgeted, we’re still OK.

Mission giving is 92% of budgeted due to designated giving and the 8% automatically given from overall general fund giving. The special offerings collected to date (America for Christ, One Great Hour of Sharing, and World Mission Offering) have all come in less than their goal; but your generosity for COVID relief and HOPE – locally and globally – far exceeds the sum of the goals for those special offerings. Again, praise God for your ability to share with those less fortunate.

The courtyard project ended over budget and we had to supplement giving with a loan from the church’s Clevenger Fund; but the campaign and pledged giving are still ongoing. With the remaining pledged giving and expected new giving from a generous church, we should be fine.

Thank God for a generous church and a fiscally responsible staff. We should be able to make it through 2020 and into 2021 healthy, in the black, and continuing to do the good work we’re called to do.

2 Corinthians 8:2-3 For in a severe test of affliction, their abundance of joy and their extreme poverty have overflowed in a wealth of generosity on their part. For they gave according to their means, as I can testify, and beyond their means, of their own accord.

Jim Garvey 

Chairman, Finance Committee