We are a few months into a new year. The Board of Business has only reviewed the first month of revenue and expenditures and so far, so good. We’ve already received over 12% of our annual budgeted revenue, but only spent 4.6% of our annual expense budget. Some members pay their entire pledges in January so that is a big reason why revenue is doing so well, so early. Expenses are low because some large annual expenditures will not happen until later in the year.

The Board of Business has adopted a new way of tracking giving and revenue that occurs outside our pledge budget. If you recall, I reported to the congregation in January that almost $300,000 in additional revenue came to our designated or reserved account through donations, fund raising, member registrations, and grants. This continues in 2024 with about $35,000 coming into those designated accounts from like sources.

When we get into the second quarter, I’ll report in greater detail on the full financial picture of the church. For now, we are doing well. Through January our pledge budget revenue exceeds our expenses by $44,444. Giving to designated program and ministry funds exceeds expenses by $3,000. Thank you for your continued financial support of our church. – Alan Hill