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The Mount Olivet Church Council approved a budget of $1.3
million for the new fiscal year. Nearly 83% of the income
for this budget comes from congregational offerings from pledges,
weekly giving and Sunday School offerings, with the remainder coming
from special giving, property use fees and a share of the income earned
by our Enduring Gift Fund.
In developing this budget, the Church Council was charged
with making difficult decisions on how to allocate limited
resources to the many ministries and expense categories. To help
ensure a thorough process, the Council undertook the “Funding our
Vision” initiative and worked for nearly nine months on evaluating
details of our income and expenses to identify ways to optimize this
budget. The output from this initiative served as a key input to
the budgeting process.
Each ministry and administrative team made sacrifices in its
desired budget to align with projected income and, after much
discussion and prayer, the Council managed to arrive at a balanced
budget. Despite the collective agreement to pass the budget,
there was still concern about the following issues:
This information is important to inform the Mount
Olivet community of our fiscal situation and also to inspire thoughtful
consideration and prayer about how each of us can begin to discern the
level of support that we can provide.
Your continuing generosity is critical to Mount Olivet’s
ability to carry out day-to-day operations and maintain our outreach
efforts to spread Christ’s message and offer comfort and support to
those who need it in our community and elsewhere.
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