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The Treasurer’s Cache
A monthly update from your Church’s chief financial steward.
March 2026
The Treasurer’s Office is gone! Thanks to modern technology, I can perform this role almost entirely remotely. And being paper-averse and equipped with a scanner, I managed to reduce the Treasurer’s Filing cabinet to what could easily fit into a single storage box. What used to be the Treasurer’s Office is now the Medical Supplies room - more accessible to the office staff than its previous location across the hall. So, if you’re looking for the Treasurer, please check your email or cell phone instead of the office!
After P&F approval, we made some adjustments to how we handle the income and principal of certain endowment funds at the Bank of New Hampshire to better reflect the original donors’ intent and our fund policies. In some cases, we had been reinvesting earnings when we should have been routinely drawing income. This will lead to a small increase in quarterly income from these funds, which will help cover expenses and reduce the need to withdraw principal at year's end to balance the budget.
In January, we purchased a new reach-in refrigerator for the Church Hall kitchen - the old one moving on to wherever old refrigerators go when they die. In February, the bill for $2,159.99 arrived. The Property & Finance Committee (P&F) decided to withdraw money from the Rita Brooks Income fund to cover this unexpected expense, as the fund is designated to “defray some of the Church maintenance costs other than ordinary repairs.”
Pledges paid for February exceeded the budget due to a significant prepayment, but loose offerings again fell short of expectations. On the expense side, utilities, especially Natural Gas, continue to be over budget for both buildings. The Property & Finance Committee is exploring ways to cut heating and cooling costs for the Outreach Center.
As always, if you have any questions or concerns regarding our Church’s finances, please feel free to contact me.
John Intorcio, Treasurer
Treasurer@LaconiaUCC.org
Treasurer’s Report Repository
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