Treasurer’s June 2020 Report to Congregation

by Ron Clark, Disbursing Treasurer, rclark1040@gmail.com

 

Budget Report 6-2020

To view the June Budget Report (budgeted income and expenses), click here.

Our 2019-20 fiscal year ended with pledge collections totaling $250,254, exceeding our annual budget of $248,558 by 0.7%. However, as a result of a considerable shortfall in other recurring sources of income our total budgeted income for the year was $7,438 below budget.

Budgeted expenses for the year were $248,459 ($20,948 under budget), or 92.2% of the annual budget.

Netting out total budgeted income and expenses for the month, expenses exceeded income by $7,265. Between carefully controlled expenses and extraordinary financial support from the congregation and supporters during these difficult times, we ended the fiscal year well in the black! Budgeted income exceeded expenses by $15,001.

Outside the operating budget, contribution collections were received for the following outreach charities:
Kearney Center $41
Manna on Meridian $358
Florida People’s Advocacy Center $170
Going Places Teen Outreach $261

Respectfully submitted,
Ron Clark
Disbursing Treasurer