Operating Budget for 2022:                            $929,000
Adjusted Operating Budget:                           $851,000
Actual Receipts (March 31):                          $180,376
Actual Expenditures (March 31):                  $210,742
Current Operating Balance:                           - $30,366
 
Why do we have a negative operating balance?  Is the church running out of money?

A brief explanation: St. Andrew started with an approved budget for 2022 which the Finance Team thought might exceed our actual donations; therefore, we have monitored the situation closely. The evolution of staffing requirements/positions has led to a lower adjusted operating budget this year. In addition, your faithful support over the past several years has allowed us to develop a reserve, so we won’t need to borrow money to cover this expense. As we continue to evaluate spending and maintain good stewardship of church finances, we are also excited to focus on congregational support and community outreach.  
 
For more information: The detailed report is available in the church office. Contact the church office if you have any questions or if you would like a pdf copy of the Finance Report sent to you via email or regular mail.
 
Building Fund Activity
The building loan balance will drop below $50,000 by the end of April!! The loan is projected to be paid off in March/April 2023. 

Share