Treasurer’s November 2020 Report to Congregation

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

Budget Report 11/2020

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

Reported current year pledges for November of $12,307 were well below budget. However, collections for the latter part of November were not deposited until December due to the Thanksgiving holiday. The reported current year pledge total, including prepaid pledges, was
$125,724, or 53.3% of target.

Continuing the trend, all major categories of expenses were below budget, resulting in a year-to-date budgeted expense total at 5.7% below target.

Netting out total budgeted income and expenses for the month, expenses exceeded income by $5,530. This shortfall is largely due to the December deposit of late November collections. For the year budgeted income, including prepaid pledges, exceeds expenses by $38,545. Non-budgeted net income for November was $49.

In November the endowment fund total increased again, producing a 15.4% increase in value since June 30, 2020.

Outside the operating budget, the following contributions were received in November:

Outreach charities
● Kearney Center $345
● Manna on Meridian $100
● UUSC $357

Funds
● Minister’s Discretionary Fund $10
● Religious Exploration Fund $10
● Social Justice Action Fund $173

Respectfully submitted,
Ron Clark
Disbursing Treasurer