Read our Good Futures Accelerator report from January of 2025 here!
Category Archives: Finances
October financial update

Silent Auction Step-by-Step



About our 2025 Draft Budget
This page contains the same content as the information that went out in our pledge packets in late October, 2024.
St. Dunstan’s Draft Budget for 2025: Sustaining and Growing
Sustaining…
Our parish leaders want to sustain our budget at its current level as much as possible.
- The early draft of our 2025 parish budget is about $346,000 – about a 1% increase over 2024.
- The increase is largely due to increased insurance rates and a cost of living increase for some staff, as recommended by our diocese, offset by some other changes like a reduced diocesan assessment.
- Our goal this year is to keep our budget as steady as possible – while increasing our capacity to fully fund our common life, and to build towards the future.
Your pledged giving will help sustain our parish’s mission and ministries.
- We adopted a deficit budget for 2024, knowing we could cover the deficit if necessary, but hoping to reduce the gap through generous giving and careful spending.
- In 2025 we hope to move towards fully funding our budget, with less reliance on reserve funds, gifts and grants.
- By sustaining our budget now, we seek to prepare financially to allow for future growth.
- We know that folks are hearing about – and being asked to help with – budget shortfalls in many settings right now. By keeping our parish budget as stable as possible, we seek to be responsible with and respectful of our shared resources.
The goal of our giving campaign is to sustain our common life as a parish: shared prayer, worship, and learning, care for one another, serving our neighbors and the wider world, and boldly proclaiming God’s love for everybody, no exceptions.
Growing…
We can keep our budget stable, while still moving forward.
- We continue to grow our common life by building community, deepening our learning and practices of faith, and extending our capacity for mutual care, care of others and care for God’s world.
- We have already taken a bold step by adding a quarter-time youth minister role. One priority for this year and beyond is to grow our capacity to support that position, beyond special grants and gifts. This is our faithful response to the joy and solace that our youth find through this program, and the ways they give back to the parish.
- Growth is not just about numbers – but we rejoice in welcoming new members and discovering how they shape the church we are becoming. This will continue to be a priority and a delight!
- We are mindful of the need to grow our financial base beyond pledged income. This year, the Good Futures Accelerator team began the work of imagining ways of using underutilized parts of our church property to meet community needs and generate income. The Place-Keeping Fund, a fund intended to help cover property-related expenses, is a different step in the same direction. Work on both fronts will continue in 2025 and beyond.
Thank you for all the ways your presence, participation, and gifts have brought us to this moment, and will help us move towards God’s future, together.
Goals for 2025
Our pledge goal for 2025 is $290,000. This is ambitious; it’s a big step up from our 2024 pledge total of $282,000. It reflects the hope of moving towards fully funding our budget.
We know that just as St. Dunstan’s budget continues to be stretched by rising costs, so are your personal and household budgets. But even small pledge increases can add up, and new pledges can help us move towards our church’s financial goals.
While we anticipate about $47,000 in income from other sources, including plate offerings, rental income, fund proceeds and diocesan grants, our main source of income is the pledged giving of members and friends of the parish. You regularly give 85% or more of our budgeted income. THANK YOU!
When we pledge, we choose to be part of something bigger than ourselves. Every pledge, in any amount, is important and appreciated. You can invest in the ministry and community of St. Dunstan’s by returning your pledge card by November 17.
St. Dunstan’s Money Story
In August, a group gathered to reflect on St. Dunstan’s “money story,” using the prompts from the Our Money Story reflection process that we’re sharing this fall. Here’s part of the report from that gathering.
Ups and downs, but a throughline of generosity…
We have gone through hard times in nearly seventy years as a parish, but there is an ebb and flow to our story which has kept us moving forward. Our history includes a legacy of very generous givers, who have helped carry us into this century. Big-picture economic and demographic changes, fear of deficits and other obstacles are part of our church’s money story today, but only a part.
Generosity is a core word in our community’s money story. We have taken bold and hopeful steps in recent years. People are willing to put resources into something in the hope of helping it grow and thrive – and to build something together, not just maintain something the way it’s always been.
A mission to care for one another, our neighbors, and our world…
Our community believes that money should be used to help others, and that God calls us to be a blessing. At the same time, we know that we must care for ourselves and one another, in order to continue to care for others. People come here looking for something – community, healing, growth, connection with the Holy, a place to share their gifts. What we offer one another here, and what we become together, matters.
Moving towards God’s future…
St. Dunstan’s is a church that is choosing to have a future. But how we find – and fund! – that way forward is very much something to be explored, discerned and created together. Our annual pledging and budgeting process, and continued exploratory work towards longer-term financial sustainability, are both crucial aspects of our journey towards the future God wants for us.
Budget Update, August 2024
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!

Sermon, October 22
Today is the day we kick off our fall Giving Campaign – the four weeks when we invite members and friends of St. Dunstan’s to make a pledge, a statement of your planned financial support for the church in the coming calendar year. That allows us to form a budget and plan our mission and ministries.
And the lectionary gives us this passage from the Gospel of Matthew. In the language of the King James Bible, Jesus says famously, “Render unto Caesar that which is Caesar’s, and unto God that which is God’s.”
Let’s make sure we understand the story. The Roman Empire is the occupying power in Judea and Jerusalem. They demand high taxes from the populace – after all, the main reason to have an empire is to take wealth from the territories you occupy!
People have to pay the taxes with Roman coins, bearing the image of the Emperor – just like the dead presidents on our coins. This is a problem for pious Jews because it breaks the Ten Commandments. We heard them couple of weeks ago: You shall not make for yourself any idol. Meaning: Don’t make images of living things – animals or people – and then treat them as gods. Which is exactly what Rome does with the Emperor.
This question about taxes is intended as a trap for Jesus. If he says yes, pay your taxes, he loses credibility as a prophetic teacher. If he says no, he makes himself even more of a target for the Romans.
But he sidesteps the trap so cleverly here! He says, Hey, looks like there’s a picture of the Emperor on this coin, so it must belong to him. So give the Emperor what is his; and give God what belongs to God.
And what belongs to God? For the faithful Jews of Jesus’ time, for us today, the answer is: well, everything.
I do love this story, and the trickster Jesus we see here.
And I can’t help thinking that the people who designed our lectionary were really pleased with themselves for giving us this story in late October.
Lots of churches do giving campaigns or pledge drives at this time of year. And the lectionary tees us up for a sermon about how since everything is God’s, you owe back whatever portion of your income or wealth your church leaders may ask of you.
But obvious as it is, I find I can’t quite preach that sermon.
For one thing: I just don’t think one persuasive or demanding sermon is going to dramatically change how or how much people give. Either this church has earned your loyalty, your support, your investment, by who we are and what we’re doing together or what we have the capacity to become, or it hasn’t. I can’t say anything in the next five minutes to shift that.
I think being honest about how we use our shared resources, and what we need to do what we do, can be helpful and impactful. But those kinds of nuts and bolts don’t fit well in a sermon.
The second reason I have a hard time preaching the give everything to your church sermon that the lectionary seems to be suggesting is that I don’t believe that church is the only way you can give back to God.
I do, actually, believe that we owe God pretty much everything. But there are many ways we can use our resources, time, and skill to honor God and respond to God’s call in our lives.
There’s lots of good work in the world that doesn’t happen through churches.
And caring for yourself and your loved ones is also holy work.
Now, there are ways to use our money that are not offering it back to God. Every Instagram ad or glossy catalogue in your mailbox would like to show you a few. It’s easy to use our resources in ways that are selfish or just pointless. Wrestling with that, finding our enough, can be tough this culture and economy.
Discerning how to use our time, talent, and treasure in ways that please God, and serve God’s purposes of justice, mercy, peace and flourishing, is ongoing work for all of us.
Giving to the church isn’t better or holier or more important than anything else. There are certainly many churches where we might have big questions about how they use their resources.
And yet I am inviting us into generosity, in supporting this church and our shared life here. I do believe we’re doing good work together here that we couldn’t do on our own. And that some of that good work is not unique, but at least distinctive; that God has particular work for St. Dunstan’s, and that we’re striving to do it.
I believe that St. Dunstan’s is worth our support and our investment, in the many forms that can take.
I am encouraged and inspired on a daily basis by so many aspects of our life together here, as a church community.
When I read today’s Epistle, I immediately resonated with Paul’s words of gratitude about this church’s “work of faith and labor of love and steadfastness of hope in Christ Jesus.”
I thought, that sounds like the loving, lively, curious, engaged group of folks that I have the privilege of pastoring!
And then of course I got into the weeds of interpreting the text. “Work of faith and labor of love” – I got curious about work and labor. In English those words can be used the same way in some contexts, but they have some different meanings too. I wondered: What’s the difference in Greek, the language in which this letter was first written?
So I looked it up! Work is ergon, like in the word “ergonomic.” It just means, a thing you do. A deed; a project.
Some of our works of faith this year included our Kindness Fair and Creation Care Fairs; grocery shopping for refugees; putting up signs for Pride Month; helping care for the Native American mounds at Governor Nelson Park; having solar panels installed.
We’ve done a lot of big stuff this year, in response to the areas where we have felt God’s call together.
So if that’s work, what is labor? The Greek word is kopos. It seems to imply something more ongoing – and frankly, more demanding – than the word for work. It suggests struggle and weariness and some amount of inconvenience.
Paul’s phrase “labor of love” here, then, points to the bigger and deeper work of being people of love.
The part of it all that’s not just doing but becoming.
I can see that work of becoming people of love, underlying a lot of the projects I just named, and lots of other things too.
I can see it in our care for the kids and youth among us – and those not among us. In a recent conversation about why youth group matters, one of the kids said, “Youth group is a space where you can be safe and be yourself, and be as wild as you need to be at the end of the week, or as tired as you need to be at the end of the week, and it doesn’t matter, because you will feel safe and accepted no matter what.”
What a holy thing to be able to offer.
I can see our labor of love in our efforts to build connection, listen to one another’s needs and struggles, and hold each other in faithful prayer.
I see it in the ongoing work of seeking ways to respond together to climate change and climate grief; to loneliness; to those marginalized and targeted by hateful language or laws.
I can see it in our efforts to care for our elders, and to lay our beloved dead to rest with love and dignity – something we’ve had too much practice with this past year, frankly.
So I want to join Paul in naming with gratitude what I see in this church: your works of faith and your labor of love.
What about steadfastness of hope in Jesus Christ?
I know hope can be hard work at times – though it can be easier to hold hope in community than on our own.
What Paul names here isn’t just abstract or generalized hope. It’s hope in Jesus Christ. Which means: Hope that God is with us, in the struggle, the mess, the pain; and that Love will ultimately win, even if hatred and death seem triumphant for a season.
Let’s turn here briefly towards poor Moses, still struggling with the burden of leading God’s recalcitrant people through the wilderness. The somewhat formal language of our Bible translation can hide the fact that Moses is complaining bitterly, here. The Message Bible paraphrase has Moses saying, “Look, you tell me, ‘Lead this people,’ but you don’t let me know whom you’re going to send with me. You tell me, ‘I know you well and you are special to me.’ If I am so special to you, let me in on your plans. And remember: this is your people, your responsibility.”
This text follows closely on last week’s story: While Moses was on the holy mountain meeting with God and receiving the Ten Commandments, the people got restless and demanded that Aaron – Moses’ brother and second in command – make them some gods. So Aaron takes all their gold jewelry, makes it into a golden calf, and tells the people, “This is the god who brought you out of Egypt!” And the people have a big party, eating and drinking and who knows what else.
God is NOT HAPPY with any of this; and neither is Moses. But Moses pleads with God to have mercy on the people – not to abandon them.
What Moses is really asking in today’s passage is, Are you still with us, God? In spite of everything? In spite of the people choosing a cow statue over your power and glory – and otherwise complaining, misbehaving, and acting out in every possible way?
Moses pleads – and God relents, and commits to traveling on with the people. And then Moses asks for something big: a glimpse of God’s glory. I love the Hebrew word for glory: kavod. It means, most literally, weight. I have felt that holy weight, now and then.
God gives Moses a limited glimpse – of God’s goodness, not God’s glory; and only a look at God’s back, as God passes by, not the full glory of God’s face, the Divine countenance. Old Testament scholar Robert Alter says that while it may seem odd to us, it was natural for these “ancient monotheists” to “imagine [God] in… physical terms”, as having a face, a hand, a back.
But, Alter says, the text is saying something bigger here: “The Hebrew writer suggests… that God’s intrinsic nature is inaccessible, and perhaps also intolerable, to the finite mind of [humanity], but that something of [God’s] attributes— [God’s] ‘goodness,’ the directional pitch of [God’s] ethical intentions, the afterglow of the effulgence of [God’s] presence – can be glimpsed by humankind.” [Read that again.]
THIS is what we are about, as people of faith. Seeking glimpses of God’s goodness, God’s intentions for the world, God’s glory. Striving to mirror back that goodness, and share it with others.
And maybe what Paul calls “steadfastness of hope in Jesus Christ” just means sticking with a community that’s doing that seeking and striving together.
I have to remind myself every year that the Giving Campaign season is, ultimately, a time of turning towards the Holy to guide us. It’s not about us; and we can’t sustain any of this on our own.
There’s a quote from Christian ethicist and writer Stanley Hauerwas up next to my desk: “The church is a prophetic community necessary for the world to know that God refuses to abandon us. We are God’s hope for the world; you are a servant of that hope.”
May our work together in these weeks be a sign and an instrument of God’s hope for the world, manifest among and through us. Amen.
Financial report, October 2023
Budget Summary, Third Quarter 2023
Income
On the income side, we are running a little behind on pledge income, but we find we usually catch up towards the end of the year; in addition, some new members and others are giving very regularly and generously. Plate, special occasion and pledged giving, taken together, are almost exactly on budget.
The biggest challenge on the income side is that rental income from the Rectory has been lower than anticipated, due to a pause between tenants for some needed repairs. New tenants are moving in and we will start to receive rental income again soon.
We are not yet generating much building use income from the Parish Center. If you know of a group or event that might like to use one of our spaces, please put them in touch!
Overall, thanks to a special gift, as well as people’s generosity with plate and pledge giving, we are only about $3000 behind budget on the income side.

Expense
Lay Staff expenses are below budget due to the vacancy in the music staff role over the summer. Outreach will give away their full budget before the end of the year, as usual.
Our Buildings and Grounds expenses are high due to high utility bills, and snow plowing expenses from last winter/spring. However, our electric bill for September was $53! While we expect bills to go up again as we turn on the heat (which is largely gas-powered), we are still excited to see the impact of our new solar panels in this way.
Other areas of the budget are pretty close to budget, overall – some a little low, some a little high. Overall, we’re about $7000 over budget on the Expense side at this point in the year, due mostly to utility and snow removal expenses. 
Overview
Our budget for 2023 was a deficit budget to begin with. Given our current income and expenses, income is about $17,500 behind expenses right now. We hope we can improve on that in the remaining months of the year, through managing our expenses wherever possible and through the the continued generosity of members and friends.
What does this mean for St. Dunstan’s? We are not in immediate financial danger. We don’t have any debt, and we do have some funds and assets that help cushion us in a year like this. However, as we explain in our fall Giving Campaign materials, we’re not in a position to cover deficit budgets indefinitely.
There are lots of signs of vitality and hope in our congregation. Your parish leaders are trying to discern wisely about how we feel called to grow and serve, without making too many decisions on the basis of money. On the other hand, we know there is some big-picture work to do on moving towards greater financial sustainability for our parish. Please pray with us for wisdom, hope, and possibility.
If you’re interested in joining the Finance Committee, to be part of financial planning and decision-making at St. Dunstan’s, talk with Rev. Miranda or our Treasurer Val McAuliffe.
What is “Rector’s Continuing Education”?…
What is “Rector’s Continuing Education,” and why does it matter?
One line in our annual budget is labeled “Rector Continuing Education.” It’s a small amount – $400 in 2023 (compared to $1000 in 2019) – but you might wonder what those funds are for.
That budget line covers registration fees and expenses like travel, accommodation, and study resources when I participate in a learning opportunity to expand my knowledge and skills as a priest and pastor.
Here are some of my recent Continuing Ed opportunities:
The Forma Conference (online), January 2023
The Forma Conference is for those involved in Christian education and formation ministries in the Episcopal Church and beyond. It’s an amazing opportunity to gather ideas and resources. I listened in on some online sessions of this year’s conference. My biggest take-away was learning about the organization Doing Good Together and their amazing website; their work inspired our spring Kindness and Creation Care Fairs.
The Gathering (in person), May 2023
The Gathering is a group of GenX and Millennial clergy who gather for real, honest, and difficult but hopeful conversations about the challenges and opportunities for the Episcopal Church in this season – and about how we can help the Church move into the future well. This Gathering had been delayed since 2020, and my registration costs were paid then. The church helped cover my airfare this year.
Pastoring for Justice and Healing in a Climate Crisis (in person), May 2023
This free event was hosted locally at Holy Wisdom Monastery. I came away with lots of ideas for building our “Green Team” and weaving climate care into our life together, as well as some new local and regional ecumenical connections.
Contemplative Clergy Renewal program (in person), starting July 2023
I will be attending an 8-day immersion at Holy Wisdom Monastery as part of a cohort of 18 ecumenical pastors participating in contemplative renewal. The Monastery describes the program as “the beginning of a yearlong process focused on the well-being of pastors, especially supporting them in their own spiritual renewal.”
This program is also free. We will need to pay supply clergy for the Sundays I am away, though. I will also attend two additional immersions in January and June of 2024.
Smaller opportunities (online)
I keep an eye out for interesting online short courses, trainings, and talks (such as a recent talk on Ho-Chunk history). Some are free; some involve a modest registration fee.
Something I’d like to do:
Music that Makes Community, Albuquerque, NM, October 2023
Something I’d really like to do is go to a Music that Makes Community gathering this fall. I’ve found those retreats joyful and renewing in the past, and it would also be an opportunity to spend time with a colleague and friend who has been a mentor for me with respect to engaging young children in worship. While I’d like to attend, I’m mindful we’re already over budget on this line for the year.
Why does the church pay for this kind of thing?
Just as your employer may pay for your professional development opportunities, churches also budget for continuing education for clergy. These experiences and opportunities benefit St. Dunstan’s both directly and indirectly. They provide me with resources, ideas, tools, and connections that enrich our life together as a faith community and help us live into our mission more fully. They also provide me with refreshment, encouragement, sustaining colleague relationships, and new approaches that bring me back to my ministry here with fresh energy.
Why is it over budget all the time?
We scaled back this budget line during the pandemic because most events were online and we didn’t have to accommodate travel. Due to budget constraints, we haven’t yet returned the budget to a level that can cover much travel. In addition, plane tickets are more expensive than they used to be, which makes it easier to go over budget if I travel at all.
We’re really fortunate this year to have two significant opportunities close by that are fully funded. That’s pretty unusual and special!
This sounds great; can non-clergy do any of this stuff?
Yes, some of these opportunities – like Forma, climate care events, and Music that Makes Community gatherings – are absolutely open to lay people, too! (Two of our members, Elvice McAlpine and Mary Ann Fraley, took a class on the Doctrine of Discovery recently in order to bring back some new understandings to the parish.) We even have a modest fund to help lay members of the parish access opportunities like this.
If you have capacity and interest in doing some learning or skill-building in any area related to church, mission, or spirituality, talk with me and we can explore resources and opportunities that might be a good fit!
Warmly, Rev. Miranda+
First quarter financial update, April 2023
First Quarter Financial Report, April 2023
Our financial reports for March are an opportunity to check in on our financial well-being. Our 2023 budget is a deficit budget, meaning we expect to take in about $13,000 less than we need to maintain our common life and ministries at current levels. Your Finance Committee and Vestry are committed to keeping a close eye on our finances and sharing what we see with the parish.

Here is an informal narrative report based on the first quarter of 2023:
INCOME: Our income is very close to our budget at this point. We are right on the mark with pledge payments – thank you so much. What we call “plate” giving – general giving to the church (check, cash, or online transaction) – is also strong.
EXPENSE: We’ll go through the Expense part of the budget by category — and flag places where interested folks may be able to volunteer their time and skill.
- PERSONNEL (Clergy and lay staff): We are quite close to budget here.
- WORSHIP: We are over budget, but these expenses are not evenly spread across the year and may even out in the coming months.
- OUTREACH: Outreach spending is also not evenly distributed across the year. Our Outreach Committee makes donations on behalf of St. Dunstan’s in response to community needs or requests. If you’d like to learn more or get involved, contact Evy Gildrie-Voyles at .
- FORMATION: This total reflects the costs of winter and spring activities with kids and youth. We expect a lull in programming and expenses over the summer. (Keep an eye out for fundraisers and sponsorships for our youth summer mission trips!)
Volunteer opportunity: Rev. Miranda hopes we can organize our art and craft
supplies soon, so we can plan projects using what we have. If that sounds fun and
you’d like to help, let Rev. Miranda know!
- OTHER MINISTRIES: The total is over budget mainly because Kitchen and Fellowship expenses are over budget. For context, our 2019 pre-Covid budget for this area was $3500, and we budgeted $2000 for 2023, not knowing how ready we would feel to eat together in 2023. Higher food prices are also a factor.
Volunteer opportunity: If you would enjoy occasionally providing snacks or a
light meal for social gatherings or group meetings, let Rev. Miranda know!
- BUILDINGS AND GROUNDS: We are over budget due to two expense lines: Gas and Electric (by over $2000) and Snow Removal (by around $3000). Our solar panels should be installed very soon, reducing electricity costs by about 75%. Snow removal costs are more difficult to manage.
Planning for the Future: This spring we plan to set up a Place-Keeping Fund to receive designated gifts and bequests to support the ongoing costs of maintaining our buildings and grounds while reducing the strain on the annual budget. Talk with Rev. Miranda or Val McAuliffe if you’d like to learn more.
- ADMINISTRATION: This area is about $1200 over budget. We expect most costs to even out in the months ahead.
- DIOCESAN & OTHER PROPERTY EXPENSES: Both of these budget areas are very close to budget.
The Bottom Line
We are about $8800 over budget right now in our expenses.
As the wider society is dealing with inflation and other long-term ripple effects of the Covid pandemic, so are we. A wise member of the Vestry told us in 2020 to expect prolonged uncertainty and financial stretch. St. Dunstan’s has also been affected by the deaths of long-time faithful and generous givers, some of whom helped sustain our budget for decades.
We have received generous gifts to help us weather this time and even grow in our capacity. At this point, our parish leaders do not feel it’s time for cuts that would impact our ministries and common life. But we are aware we can’t continue with deficit budgets indefinitely. We are exploring solutions to protect the long-term sustainability of St. Dunstan’s. If you have ideas to share, let us know.
In the meantime, your continued gifts of time, money, and skill sustain our community. Thank you.
To see complete and detailed financial statements, contact our Treasurer Valerie McAuliffe at .
Financial Update, September 2022
SEPTEMBER 2022 BUDGET UPDATE
Back in January, we as a parish adopted a deficit budget with projected income about $14,000 less than our projected expenses. We believed it was important to move forward in faith, and committed to being extra watchful with our budget this year. Here’s an update on how things stand as of the end of August.
INCOME
On the Income side, we are very close to budget, thanks especially to generous pledge payments that are overcoming deficits in plate offerings and building use. We continue to rebuild the habit of Sunday offerings, and will soon be ready to invite more building users to use the Parish Center when we are not.
EXPENSE
We currently have small budget overages in a number of areas, such as worship, kitchen and fellowship, office expenses, and maintenance. The largest overages are in snow removal, which was expensive early in the year, and utilities, mostly due to high electric bills. (We hope to have some relevant news to share soon!) We designated $1000 in our 2022 budget for ongoing Covid expenses; that line is currently $600 over budget, as we’ve used it to cover things like providing masks for worship, and tests for the youth trips. Some apparent over- or under-spent lines (like Outreach and Diocesan Giving) simply reflect when payments or expenditures are made, and will even out.
OTHER FINANCIAL UPDATES
- A diocesan grant for $2000, in addition to the Future Formation funds in our 2022 budget, will help cover the salary for our new Middle School Youth Minister.
- A construction company is renting parking space from us during the week through June of 2023.
- Thanks to members’ sponsorships and a generous gift from the Outreach Committee, we were able to cover all the expenses of this year’s two youth group summer trips.
OVERALL
Expenses are about $3600 below income right now, but giving is strong and ministries are thriving. We hope to manage expenses through the end of the year and build towards a strong 2023.
All numbers have been rounded to the nearest $100 for ease in reading. As a result some totals may differ from detailed financial statements.
|
INCOME |
2022 Budget |
Actual through August |
Budget through August |
| Feast & Plate | 14,000 | 5000 | 8000 |
| Pledge Payments | 260,000 | 190,600 | 187,300 |
| Rent & Bldg Use | 17,000 | 9300 | 11,300 |
| Misc Income | 7200 | 5300 | 5900 |
| Total | 298200 | 210200 | 212500 |
|
EXPENSE |
2022 Budget |
Actual through August |
Budget through August |
| Clergy (incl. salary, pension, insurance) | 136,700 | 92,600 | 94,700 |
| Lay Staff | 23,800 | 12,400 | 13,000 |
| Worship | 3600 | 3300 | 2300 |
| Outreach Budget | 19,200 | 11,300 | 13,500 |
| Formation | 7300 | 3500 | 4800 |
| Other Ministries | 2200 | 1200 | 900 |
| Bldgs & Grounds | 54,500 | 39,400 | 31,900 |
| Admin & Office | 13,700 | 11,800 | 9000 |
| Diocesan Giving | 51,300 | 38,300 | 34,000 |
| TOTAL | 312300 | 213800 | 204100 |