Treasurer’s September 2020 Report to Congregation
by Ron Clark, Disbursing Treasurer, rclark1040@gmail.com
To view the September Budget Report (budgeted income and expenses), click here.
Current year pledges for September were slightly above the monthly budget amount, bringing our total current year pledges, including prepaid pledges, to $95,574, or 40.5% of target. Contributions of $400 designated as pledges for 2019-20 were also received in September, bringing the year-to-date total to $4,295.
All major categories of expenses were below budget resulting in a year-to-date budgeted expense total at 2.7% below target.
Netting out total budgeted income and expenses for the month, income exceeded expenses by $5,540. Non-budgeted net income was a loss of $1,577 as a result of paying $1,500 from the Reserve Fund to an attorney for a legal opinion on the UUCT healthcare reimbursement arrangement and refunding $525 prepaid rent from FY 2019-20 due to a COVID-19 related cancellation.
The endowment fund total declined about 3% as a result of the September drop in the stock market.
Outside the operating budget, the following contributions were received in September:
Outreach charities
Kearney Center $569
Manna on Meridian $195
Second Harvest $500
Grace Mission $475
Funds
Playground Improvement Fund $213
Minister’s Discretionary Fund $160
Social Justice Action Fund $75
Respectfully submitted,
Ron Clark
Disbursing Treasurer