August’s pledge income was similar to July’s, slightly less than half of the monthly budgeted amount. Current year pledges received in August totaled $7,745, but with prepaid pledges included current year pledge receipts are 35.5% of budget. Prior year pledge receipts in August of $1,800 brings the prior fiscal year total to 95.3% of budget. August receipts for other recurring income of $3,025, including $2,307 rental income, brings our current year total to 31.0% of the budgeted amount. Total budgeted income for the month was $12,664, or 57% of the monthly budget.

August’s budgeted expense total was $20,259, or 75% the monthly budgeted amount. Budgeted expenses for the Administration, Religious Exploration, Building and Grounds and Minister categories ranged from 1.0% to 3.4% below their respective monthly budgets. Music expenses were only 2.2% of monthly budget due to the music director vacancy. Committee expenses collectively were 3.9% of monthly budget. Budgeted expenses exceeded income by $7,595 for the month and $15,781 fiscal year to-date.

The Endowment Fund balance increased by $30.3K in August to a current balance of $1.437 million. In addition to the operating budget, the August collections of at least $100 were:

Outreach charity
– Kearney Center $268.50
– Manna on Meridian $420.50
– Little Sunshine Pantries $202.50
Church funds
– Religious Exploration Fund $125.00
– Social Justice Action Fund $1,716.50

Respectfully submitted,
Ron Clark
Disbursing Treasurer