October 2016 Agenda Prayer Budget Presentation Organ Nominations Close Consolidated Budget High Level Overview Prior Years are 12 month periods Sept 1 Aug 31 One line summary we budget for 146k we get 136k in offerings ID: 532786
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Slide1
2017 Congregational Budget
October 2016Slide2
Agenda
Prayer
Budget Presentation
Organ
Nominations
CloseSlide3
Consolidated Budget – High Level Overview
Prior “Years” are 12 month periods Sept 1 – Aug 31
One line summary: we budget for ~$146k; we get ~$136k in offeringsSlide4
Preschool Budget P&L
Revenue Projection is current enrollment for 2016/17 year; fundraising is roughly what
BoW
& Chocolate brings in
Most expense is people which we gave raises to this year (1
st
in 3 years)
Good news is that it is more or less perfectly scalable with enrollment/revenue
Material will be tough but we’ll keep eye on it and hit thisSlide5
Pastoral Compensation
Increases in line with previous years; Trailing suggested salary scale
Catch a break in insurance this yearSlide6
Other Compensation
Outside of Preschool, no changes to pay rates (increases given last year); preschool rates to $11/
hr
Budget note: Choir director currently donates services equal to at least $6,000Slide7
Non-Staffing Expenditures vs. Prior Budgets
Some variance in these items due to weather & upkeep
But the overall envelope is roughly the same
Preschool expenses; Courtney keeps a tighter eye on these, full year should be able to hit the number
Change: In the 2017 budget we have increased the budget for purchase of an organ (more later)Slide8
Special Collection (Extra Budget)
2014 start talking about organ; didn’t make budget, 1
st
cut
2015 again wanted to save as part of budget, same story
2015 added “special collections” – LINC, Tim/Seminary, Organ
2016 formalized and set targets; make Tim, ~50% organ/LINC
2017 Tim, LINC becomes Missionary funding, Organ proposed in budget but we will keep special fundSlide9
Consolidated Budget – Conclusion
Preschool rises & falls with enrollment, but we have covered the director so it breaks even at the worst and can contribute
The trouble is that we budget ~$146k for church expenses & offerings but we bring in budgetary offerings of ~$136k
Some years (good weather) we save a little on utilities and we figure it out cash flow wise, but we cumulatively we are building a deficit which eventually even cash flow won’t overcome
We also have proven that we cover immediate needs, but don’t as a congregation contribute enough to save for necessary capital purchases
So two proposed actions: 1) Organ which follows and 2) We really need everyone to prayerfully consider their support of St. Mark’s.Slide10
Organ Facts
Current organ purchased in 1983 – 33+ years of service; organ is a “generational” purchase
Current organ is experiencing random failures, glitches and “fuzziness”
Modern sampling technology makes the newer organs much more faithful in reproducing sound than late 70’s era technology (we will give you an example shortly)
As a liturgical church the organ plays an outsized roll in our worship life together
In our 3 years of saving, we have saved roughly the price increase from when I first asked for quotes.
We could continue listing reasons, but the biggest fact is “it’s time”. This isn’t the buying of a sports car or some mid-life crisis. This is just reality.Slide11
I Promised An ExampleSlide12
Organ Proposal
Organ Specs for the proposed Organ
These are the high level summary, the full sheets will be passed out
Allen Organ Model L-124, Two manual (i.e. 2 keyboards) & pedals
4 Channel, prevents the piccolo from being on same speaker as 16ft Bourdon
29 pipe stops & 2
genisys
voice stops per manual (35 stops total)
6 complete pipe stop lists/voice profiles
Able to connect with modern substitute organist services
Reusing current speakers saving expense (might have to reposition)
Net cost: $38,525. ($41,525 less $3,000 for trade in of current)
LCEF 10 year loan @ 3.875% (current at time of slide)
Payment = $388/
mo
, $4,653/
yr
(under the amount that we were trying to save)
Appropriate comparison would seem to be buying the family car
Council would like to propose that the congregation approveSlide13
Nominations
President Jon Lundberg
Treasurer
________________
Financial Secretary Wayne Warriner
Secretary Mike Bayer
Ed Board Chair Doreen Blankenbush
Elders Lori Holt
John Butterazzi
Katie Stanton
Alana Holt
Nick DiFonzo
Trustees Gerry Gardner
Gary Blankenbush