Hi Parkway People,

On Monday of last week, the Parkway Board approved a budget for the 2025 - 2026 fiscal year (February 1 - January 31).

It is important to both myself and the Board to lead with 100% financial transparency 100% of the time. That’s why I took time in both services this past Sunday to speak to Parkway’s financial outlook and budget for the year to come.

Below are links to the documents that were included in the packets we placed on every seat in the Worship Center last Sunday. Those same hard copies will still be available for anyone interested, but I wanted to make sure anyone and everyone interested in the finances of Parkway is able to see all information.

BUDGET PRESENTATION 2025

2025 - 2026 APPROVED BUDGET SPREADSHEET

HELP PARKWAY THRIVE IN 2025 GIVING CARD

The Budget Presentation 2025 packet outlines comparisons between budgets and financial forecasts for last year and this year, spells out key changes/drivers of our board’s decision making, and things we have put on hold in our priority to approve and operate off of a balanced budget.

A few highlights:

• We are projected, for the second year in a row, to end the year in the black - spending less than we receive. This is a yearly priority for myself and the board.

• Parkway staff and leadership have, over the last two years, managed down expenses. But, like many of you have felt, some key costs continue to rise (insurance, New Territory HOA fees, etc.)

• Parkway is at a point where we have to address falling income. Some key givers have moved for work. Financial situations change. This is normal in the life cycle of a church. We will continue to manage down expenses, but we are asking for help in boosting our operating income.

The spreadsheet is the recently adopted 2025 - 2026 budget in line-by-line detail.

The final document is a card asking you to Help Parkway Thrive in 2025 by increasing your giving to our operating budget. Please consider if you’re able to increase your current giving to Parkway.

If we can address our income problem, we can operate with predictability, achieve our budget wish list, expand ministry opportunities to reach new people, and position Parkway for long term sustainability.

Two Things to note on this ask for help:

• I am not chasing a magic number with this ask. There is no magic number that enables us to achieve our mission to demonstrate God’s grace and inspire a hope-filled journey with Jesus. The mission stays the same no matter our financial situation.

• I am more interested in growing generosity as a regular practice of faithful living than chasing a magic number. Committing to increase in giving can seem risky in an uncertain world. In your thinking and deciding on whether you’ll increase your giving to Parkway - I invite you to give it a try for 90 days. If at the end of those 90 days, your situation has changed or you cannot sustain your increase - Parkway will refund 100% of it to you. This is our way of showing we are committed to generosity as a faith practice rather than chasing more for the sake of more.

Please consider if you are able to increase your giving to Parkway - whether you have given, currently give, or are not currently giving to Parkway. We are all in this in leading Parkway into a new season and new chapter. 

I'm hopeful and optimistic about the future! As always, if you have questions, concerns, or want clarity on any aspect of the budget or finances, please do not hesitate to contact me.

Justin