October’s pledge income was 55% of the monthly budgeted amount, similar to July, August and September. Current year pledges received this FY totaled $10,967 in October and $36,558 fiscal year- to date (14.6% of budget compared to our 33.3% target). With prepaid pledges included, current year pledge receipts are 44% of budget. October receipts for other recurring income of $1,172 brings our current year total to 59% of the budgeted amount. Total budgeted income for the month was $12,540, or 56% of the monthly budget. In October $15,000 was transferred from our Vanguard short-term bond fund to our Synovus Bank account in order to maintain an adequate cash balance.

October’s budgeted expense total was $20,315, or 75% the monthly budgeted amount. Budgeted expenses for the Administration, Religious Exploration and Minister categories ranged from 6% to 16% below their respective monthly budgets. Building and Grounds expenses for October were 74% of monthly budget, bringing the YTD total to about 1% below target. Music expenses were only 20% of monthly budget due to the music director vacancy. Committee expenses were 33% of monthly budget and 14% of year-to-date budget. The total of all year-to-date budgeted expenses is at 28% of budget, or 5% below target. Budgeted expenses exceeded income by $7,775 for the month and $41,666 fiscal year to-date. Checks made out to our Share the Plate recipients totaled $2,332. Unbudgeted church fund expenses for totaled $5,979. An $897 loss was realized on the sale of our Vanguard fund.

The Endowment Fund balance decreased by 2.1% in October to a current balance of $1.436 million. In addition to the operating budget, the October collections of at least $100 were:

Outreach charity
– Kearney Center $123.00
– Manna on Meridian $217.00
– Grace Mission $109.50
– Second Harvest $100.00
– Humanists of Tallahassee $115.40

Respectfully submitted,
Ron Clark
Disbursing Treasurer