Treasurer’s November 2021 Report to Congregation

by Ron Clark, Disbursing Treasurer,


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

Monthly pledge receipts continue to fluctuate, with November’s amount of $12,815 coming in at 66% of the monthly budget and about one half of October’s total. Current year pledge receipts this fiscal year were 5.3% below the November target of 41.7%, but when prepaid pledges are included they are at 56.8% of budget for the year. No prior year pledges were received in November and collections of FY 2020-21 pledges remain  $12,366 short of the pledged amount. Other recurring income increased to $825 in November, bringing the FY 2021-22 total to 7.5% of the annual budget. Total income is 8.9% below target. No endowment dividends were transferred to the operating budget in November. 

Our payroll company is researching the reason the Employee Retention Credit (ERC) of $2,735 from the fourth quarter of 2020 has yet to arrive. 

Year-to-date all major expense categories were between 1% and 12% below target.  Overall budgeted expenses were 77% of budget for the month and 5.6% below the year-to-date target. After October’s surplus of nearly $7,000, November expenses exceeded income by $4,674. Year-to-date budgeted expenses exceed income by $14,257.

The value of our endowment funds totaled $65,719 more than their June 30, 2021 balances.

In addition to the operating budget, the only November collections of at least $100 was:

Outreach charities

  • Manna on Meridian $510


Respectfully submitted,
Ron Clark
Disbursing Treasurer