Pledge income for our fiscal year is $492 above commitments. A significant Offering and Other Income gifts were received this month but Offering income is still far less than our financial plan, -$5,386 for our fiscal year. However, our significantly reduced expenses result in an operating net of +$5,899 for the fiscal year.
Reminder to renew your pledge for next fiscal year, June 2018 through May 2019. Please consider increasing you commitment if possible.
We are able to accept credit card payments for pledge, general and special offerings if that is more convenient than check or cash. See either Jan Swayne or myself after service for these transactions.
Here are our operating finances as of May 30 for our 2017-18 fiscal year:
Summary of Operating Finances
Income___$ 15,802___ $ 10,400
Expenses $ 10,506____$ 10,469
Net______$ 5,296____ $ (-69)
Jun 1, 2017 to May 30, 2018
Income____$ 182,161___ $180,757
Expenses _ $ 176,262___ $187,375
Net_______$ 5,899____$ (-6,618)
Note: These fiscal year actuals do not include non-budgeted special and local Mission gifts and outreach.
The proposed 2018-2019 financial plan (budget) elsewhere in this newsletter includes the actual of all Mission funds. In 17/18 fiscal year special outreach for fire recovery used fire funds available from previous years.
Gerald J. Alonzo, Treasurer