Budget for fiscal year, beginning July 1, 2010
Note: The budget is for the General Fund, or Operating Fund. The Building Fund is a separate fund.
Comments by John Nesbitt, Executive Pastor
 General Comments
- We began the 09-10 fiscal year with a lower income projection than even 07-08, based largely on our experience in 08-09.
- This proposed budget represents a modest 2.6% increase over 09-10 and only 1.5% over 07-08.
- It is a challenge to maintain ministry and other services with relatively level expenses through a four year period.
- We have continued to carefully seek out available savings in all areas.
The Purpose of our budget is to support ministry through three broad areas:
- People: Our staff provides leadership and operational support for ministry (about 48% of the budget);
- Program: the cost of “doing” ministry as well as supporting missions and outreach (about 14%); and
- Property: a tool and place in which ministry can happen (about 36%).
With the 10-11 budget we are also allocating about 2% to build the General Fund reserve, which enables improved cash flow.
Income
Offering income of $3.899 million is projected based on an analysis of giving patterns as well as anticipated need. We believe this is achievable through two main sources:
- the continued faithful giving of current donors; and
- the growing support of those who are newer to our ministry.
God gives us all the privilege of investing in eternity through supporting the ministries of our body!
Program Funding
With very few exceptions, ministry programs (including missions and outreach) are funded at a level that is 3% higher than 07-08. Where there are exceptions, they most often represent reductions where savings would not adversely impact ministry effectiveness.
Personnel
This budget represents very few changes in personnel though it does include a cost of living increase of 2%. It includes:
- a full year of compensation for Stephen Gregory;
- a part-time Community Associate to assist with small groups;
- a part-time ministry assistant; and
- a part-time custodian.
The part-time positions all begin September or later. We are blessed that an increase in volunteers over the last year enables us to sustain ministry without adding even more support personnel.
Property, Plant & Equipment
The overall decrease here is essentially due to increased rental income, less than anticipated electric costs and our connection to public sewer.
Contingencies
This represents additional resources for ministry that we will defer until we are satisfied that the budget is adequately funded. They include certain capital expenditures and the deferral of one-fourth of the retirement contribution for eligible employees.
Building Fund Transfers Out
This represents the annual principal and interest payments on the mortgage. As has been true for several years, next year’s mortgage costs are locked in.
Other Transfers Out
This represents funds to build the General Fund Reserve, to help us with cash flow demands throughout the year.
Questions or for more information
• John Nesbitt 620-2330, ext. 121; jnesbitt@westshorefree.org
• Julie Stine ext. 105; jstine@westshorefree.org )
A more detailed version of the budget is available upon request.
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6/3/2010
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07-08
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08-09
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08-09
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09-10
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10-11
|
|
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Approved
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Approved
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Phase 2
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Approved
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Proposed
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DEPARTMENT TITLE
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Budget
|
Budget
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1-Jan-09
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Budget
|
Budget
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INCOME
|
|
|
|
|
|
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Tithes and Offerings
|
$3,840,862
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$4,129,906
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$3,805,948
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$3,798,000
|
$3,899,000
|
|
Interest Income - GF
|
$25,000
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$5,000
|
$5,000
|
$2,000
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$1,000
|
|
TOTAL INCOME
|
$3,865,862
|
$4,134,906
|
$3,810,948
|
$3,800,000
|
$3,900,000
|
| |
|
|
|
|
|
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EXPENSES
|
|
|
|
|
|
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TOTAL WORSHIP MINISTRY
|
$22,860
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$24,343
|
$18,495
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$19,860
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$27,956
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|
TOTAL PRAYER MINISTRY
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$2,437
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$2,559
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$2,437
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$2,437
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$2,510
|
|
CHILDREN'S MINISTRIES
|
|
|
|
|
|
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TOTAL SUNDAY MINISTRIES
|
$1,100
|
$1,155
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$1,140
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$1,100
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$1,133
|
|
TOTAL W & M - CHILDREN
|
$600
|
$630
|
$535
|
$600
|
$618
|
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TOTAL WED NIGHT PROGRAMMING
|
$200
|
$210
|
$285
|
$200
|
$206
|
|
TOTAL SPECIAL EVENTS
|
$5,700
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$5,985
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$2,790
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$5,700
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$5,871
|
|
TOTAL LEADERSHIP DEVELOPMENT
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$5,250
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$5,513
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$7,410
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$5,250
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$5,408
|
|
TOTAL CURRICULUM
|
$9,100
|
$9,555
|
$5,610
|
$4,100
|
$4,223
|
|
TOTAL PROG SUPPORT SERVICES
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$8,934
|
$9,381
|
$8,114
|
$8,934
|
$9,202
|
|
TOTAL CW CHILDCARE SERVICES
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$2,400
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$2,520
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$1,700
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$1,500
|
$1,545
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TOTAL CHILDREN'S MINISTRIES
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$33,284
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$34,948
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$27,584
|
$27,384
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$28,206
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YOUTH MINISTRIES
|
|
|
|
|
|
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TOTAL JUNIOR HIGH
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$9,507
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$9,982
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$9,507
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$9,507
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$9,792
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|
TOTAL SENIOR HIGH
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$12,799
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$13,439
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$12,799
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$12,799
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$13,183
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TOTAL YOUTH - GENERAL
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$5,219
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$5,480
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$5,219
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$5,219
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$5,376
|
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TOTAL YOUTH MINISTRIES
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$27,525
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$28,901
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$27,525
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$27,525
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$28,351
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ADULT MINISTRIES
|
|
|
|
|
|
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TOTAL WOMEN'S MINISTRIES
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$12,907
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$13,552
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$12,907
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$12,907
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$13,294
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|
TOTAL MEN'S MINISTRIES
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$2,532
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$2,659
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$2,532
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$2,532
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$2,500
|
|
TOTAL CARING MINISTRIES
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$5,000
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$4,000
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$2,000
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$3,325
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$2,900
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|
TOTAL DISABILITIES MINISTRY
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$6,430
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$6,752
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$6,430
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$6,000
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$6,180
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|
TOTAL CONNECTING MINISTRIES
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$7,200
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$7,560
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$7,200
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$6,000
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$4,000
|
|
TOTAL COMMUNITY MINISTRIES
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$6,125
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$6,431
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$4,300
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$4,375
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$4,200
|
|
TOTAL ADULT MINISTRIES
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$40,194
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$40,953
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$35,369
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$35,139
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$33,074
|
|
TOTAL CHURCH-WIDE MINISTRIES
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$17,303
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$8,000
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$2,000
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$4,525
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$4,000
|
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TOTAL GENERAL CE MINISTRIES
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$3,308
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$3,474
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$2,000
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$2,000
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$2,060
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COMPASSION MINISTRIES
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|
|
|
|
|
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TOTAL COMPASSION PROG EXP
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$2,495
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$2,620
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$2,295
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$2,495
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$1,500
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TOTAL COMPASSION PART. SUPPORT
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$10,296
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$10,811
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$10,496
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$10,296
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$10,605
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TOTAL COMPASSION MINISTRIES
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$12,791
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$13,431
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$12,791
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$12,791
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$12,105
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OUTREACH MINISTRIES
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|
|
|
|
|
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TOTAL INTERNATIONAL OUTREACH SUPPORT
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$182,100
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$191,205
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$178,320
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$189,170
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$195,915
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TOTAL GENERAL OUTREACH SUPPORT
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$5,504
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$5,779
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$8,684
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$7,034
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$7,245
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TOTAL MINISTRY TRIPS
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$23,500
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$24,675
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$15,500
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$6,500
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$6,695
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TOTAL LOCAL & DOMESTIC SUPPORT
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$84,400
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$89,221
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$82,500
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$71,000
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$73,130
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TOTAL CHURCH PLANTING
|
|
$50,000
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$0
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$0
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$0
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TOTAL OUTREACH MINISTRIES
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$295,504
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$360,880
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$285,004
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$273,704
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$282,985
|
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TOTAL EFCA SUPPORT
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$12,025
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$17,025
|
$17,025
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$19,525
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$20,111
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PERSONNEL
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|
|
|
|
|
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TOTAL GENERAL PERSONNEL
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$50,264
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$47,755.45
|
$22,755.45
|
$49,164.25
|
$54,677.21
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TOTAL MIN & DIR COMP
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$1,223,741
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$1,441,899.05
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$1,419,218.91
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$1,104,215.97
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$1,233,910.48
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TRANSFERS IN
|
($10,076)
|
($10,378.32)
|
($10,378.32)
|
($10,378.32)
|
($10,585.78)
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TOTAL S&P STAFF COMP
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$519,449
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$507,366.97
|
$464,590.85
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$506,281.44
|
$495,651.86
|
|
PROJ ADDED SAVINGS FROM CUTS
|
|
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($73,463.59)
|
|
|
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TOTAL REIMBURSABLE EXPENSES
|
$41,030
|
$45,279.16
|
$31,756.25
|
$26,915.00
|
$36,781.23
|
|
TOTAL ACCOUNTING CATEGORY
|
$55,149
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$53,341.23
|
$50,067.35
|
$51,327.38
|
$52,954.88
|
|
TOTAL PERSONNEL
|
$1,879,557
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$2,085,263.54
|
$1,904,546.90
|
$1,727,525.72
|
$1,863,389.88
|
|
TOTAL OFFICE - GENERAL SUPPORT
|
$74,150
|
$77,000
|
$67,417
|
$69,000
|
$53,750
|
|
TOTAL FOOD SERVICES
|
$6,300
|
$6,500
|
$6,300
|
$4,300
|
$4,300
|
|
PROPERTY, PLANT & EQP OPER EXP
|
|
|
|
|
|
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TOTAL UTILITIES
|
$200,000
|
$205,500
|
$187,702
|
$215,750
|
$190,300
|
|
TOTAL MAINTENANCE
|
$89,800
|
$92,300
|
$90,925
|
$95,050
|
$103,400
|
|
TOTAL INSURANCE/TAXES
|
$40,500
|
$42,000
|
$39,500
|
$40,000
|
$42,000
|
|
TOTAL VEHICLES
|
$10,000
|
$10,500
|
$8,000
|
$8,000
|
$10,000
|
|
TOTAL PP & E OPER EXPENSE
|
$340,300
|
$350,300
|
$326,127
|
$358,800
|
$345,700
|
|
TOTAL CONTINGENCIES
|
$53,622
|
$20,000
|
$15,000
|
$41,540
|
$49,125
|
|
TOTAL BLDG FUND TRANSFERS OUT
|
$1,044,702
|
$1,061,328
|
$1,061,328
|
$1,061,328
|
$1,061,328
|
|
TOTAL OTHER TRANSFERS OUT
|
$0
|
$0
|
$0.00
|
$112,616
|
$81,050
|
| |
|
|
|
|
|
|
TOTAL INCOME
|
$3,865,862
|
$4,134,906
|
$3,810,948
|
$3,800,000
|
$3,900,000
|
|
TOTAL EXPENSES
|
$3,865,862
|
$4,134,906
|
$3,810,948
|
$3,800,000
|
$3,900,000
|
|
TOTAL NET SURPLUS/(DEFICIT)
|
$0
|
$0
|
$0
|
$0
|
$0
|
|
About Us 
Stephen Gregory is not a performer. Stephen – not Stevie or Steve – says that some churches are looking for stars: you know, the best musician, the best personality. “I’m a bit of a contrarian. If it was just me on the stage, a church would let me go. I don’t consider myself a great singer. I’m an adequate pianist. I’m not charismatic. I’m not being humble; I’m just not wired that way. But I have a clear sense of what I do best.”