Hi it’s Doug Stumbaugh with the monthly financial report for December. Our Revenues were $20,045.24 Our Expenses were $14,241.57 we finished the month $5,803.67 in the black. For 2020 our total budget was $300,566.72 our Revenues were $280,282.43 Our Expenses were $259,832.23 we finished the year $20,450.20 in the black. Our financial situation has gotten a lot better from where we were at in 2019. Thank You for continuing to support the church financially. Our total budget for 2021 is $309,356.98 some of the big budget items are Payroll is $134,382.16, Building Payment is $85,641.48, Utilities are $20,600, Worship is $3,000, Youth and Children ministry $3,900, Insurance is $10,300, Office Supplies and Equipment are $6,300, Electronic Banking Fees are $3,000. The council decided to budget for conference apportionments they are 20,221. The council each month will look at how the church is financially and decided how much of the monthly apportionments we can pay. We have not payed apportionments since May of 2019 due to our financial situation. Last year the council focused on getting our expenditures to line up with our revenues. The decision to add apportionments to the budget was based on last year’s finances, the Pastoral change, and it’s part of the church being a member of the United Methodist Conference. If anyone has questions about the budget or would like a copy of the budget please let me know.
Thanks
Doug Stumbaugh
