Treasurer’s March Report to Congregationfundrasing-700x340

by Ev Anderson, Disbursing Treasurer,

Budget Report 03-2019 

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

  • March saw a drop off in 2018-19 pledge receipts – not unexpected. We fell $3,762
    short of our pro-rated monthly pledge target of $19,877. But owing to above average pledge receipts in earlier months, our total year-to-date pledge receipts are actually 3.04% over target.
  • Total income from all sources (includes pledges, Sunday
    plate collections, rental fees and other income) is 2% above budget.
  • Expenses remain in check. For the month, they are 5% under target; for the year,
    6% under target.
  • Netting out income and expenses, the former exceeds the latter by $2,239 for the
    month and $21,163 for the year. This positive cash flow is heartening.
  • Outside the operating budget, donors contributed $250 to the mountain scholarship fund in March.
  • The community connections events fund also took in $1,298 from a
    concert event. Likewise, we collected $514 for Grace Mission from Sunday
    collections during March.

With the fiscal year now 75% complete, we are starting our final quarter in excellent financial shape.