INCOME
Members, friends and guests have been very faithful and generous in pledge payments, Sunday offerings, and gifts for special occasions like Easter. We are slightly over budget in these areas, which is especially great in summer when giving often lags.
We are somewhat below budget on income from outside groups using our buildings. We have some work to do preparing the Parish Center, our second building, for use as a potential rental space. If you’d like to help move this along, please contact Rev. Miranda!
The Miscellaneous Income line includes pledge payments from the previous year; proceeds from some small funds; and diocesan grants and designated gifts to help support our formation programs.
EXPENSES
Overall, expenses are very close to budget. Some budget lines are off due to the timing of monthly payments and will even out in the coming months. The Lay Staff and Worship budget lines reflect arrangements for Sunday music during our Director of Music Ministry’s medical leave of absence; we look forward to welcoming Steve back soon! Our new solar panels are significantly reducing energy costs this spring and summer.
THE BIG PICTURE
The 2024 budget we adopted in January was a deficit budget. If we end the year on budget, we will spend about $10,000 more than we take in. We have funds to fill that gap, for now; but new or increased giving, or other opportunities such as rentals or grants, could help as well, without using reserve funds we may need for other purposes.
We rely on the support of our members and friends to continue our ministry and our common life here.About 85% of St. Dunstan’s income comes from pledged giving – giving by members to fulfill a pledge, a statement of intention offered each fall for the year ahead. Another 5% comes from plate offerings and other gifts.
Our annual Giving Campaign begins in mid-October. We encourage you to begin thinking, talking, and praying about your pledge for 2025. And watch for an opportunity for structured prayerful reflection on your relationship with money in the weeks ahead, through the Our Money Story curriculum!
