Treasurer’s July Report to Congregationfundrasing-700x340

by Ev Anderson, Disbursing Treasurer,

Budget Report 07-2019

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

We ended FY 2018-19 with a pledge shortfall to date of $12,688.  Conversely, FY 2019-20 started with a substantial pledge surplus, as many UUCT members elected to prepay their current year pledges, which were recorded in July. Total July pledge receipts for the current fiscal year were $70,324, exceeding our monthly target of $20,714 by a whopping $49,610. Total income from all sources for the month was $75,947, or almost 20% above target. We are starting the new fiscal year with a comfortable income cushion.

Meanwhile, expenses remain in check. They totaled $18,192, or 1.51% below target for the month.  Netting out income and expenses, the former exceeded the latter by a full $57,756.  Outside the operating budget, Sunday collections in July included $145 for the Minister’s Discretionary Fund, $554 for the Covenant UU Pagans Fund, and $160 for the Kearney Center/Shelter Meals.