|
The Treasurer’s Cache
A monthly update from your Church’s chief financial steward.
July 2026
The June Cash Flow Report shows pledges paid were very near the budgeted amount, though loose offerings were again well below budget. For the first half of the year, pledge payments totaled about 110% of the amount pledged. The Pledge Fulfillment Report shows the trend.
The Biker Breakfast netted $459 in profits from its first-ever event, making a substantial contribution toward our fundraising goals.
Last month, we increased our investment in the New Hampshire Community Loan Fund by initiating an additional ten-year $10,000 loan. This serves as a low-risk, fixed-return, socially responsible investment within our endowment portfolio and does some good for our community as well.
The second quarter Investment Report showed larger-than-anticipated gains with an overall growth for the quarter of a bit over 6% or almost 25% as an annual rate. This is very good news as we continue to draw cash to balance our cash flow needs.
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
|