Treasurer’s February 2021 Report to Congregation

by Ron Clark, Disbursing Treasurer,

Budget Report 2/2021

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

Current year pledges reported for February of $11,835 were almost $8,000 less than our monthly budgeted amount. However, the current year pledge total, including prepaid pledges, is $170,707, or 5.7% above target. The first prepaid pledges for fiscal year 2021-22 were received in February in the amount of $3,260.

Retroactive staff raises approved by the Executive Board in January were enacted in February. These raises were recommended during the last budget planning cycle, but put on hold due to COVID uncertainty. By the end if this fiscal year staff will have received the full amount of the recommended raises. All major categories of expenses continue to be below budget, resulting in a year-to-date budgeted expense total at 7.7% below target.

The $5,201 net budget shortfall for the month was largely due to current year pledges coming in at well below the budgeted monthly amount.  For the year budgeted income, including prepaid pledges, exceeds expenses by $23,325.

Outside the operating budget February collections of at least $100 were:

Outreach charities

  • Kearney Center $100
  • Manna on Meridian $430
  • Mountain Retreat $400
  • Fruit and Nut Exchange $130

Total $1,060

Respectfully submitted,

Ron Clark

Disbursing Treasurer