Financial & Budget Presentation Dale Mease, Chair, Finance - - PowerPoint PPT Presentation

Financial & Budget Presentation

Dale Mease, Chair, Finance Committee Penn Central Conference, United Church of Christ

For everything there is a season, and a time for every purpose under heaven: a time to be born, and a time to die; a time to plant, and a time to pluck up what is planted; a time to kill, and a time to heal; a time to break down, and a time to build up; a time to weep, and a time to laugh; a time to mourn, and a time to dance; Ecclesiastes 3:1-4

a time to throw stones, and a time to gather stones together; a time to embrace, and a time to refrain from embracing; a time to seek, and a time to lose; a time to keep, and a time to throw away; a time to tear, and a time to sew; a time to keep silence, and a time to speak; a time to love, and a time to hate; a time for war, and a time for peace.

Ecclesiastes 3:5-8

Some Other “Times” to Consider

A time for thanksgiving;

A time for thanksgiving;

• Thanks for investing your time, energy, talents and treasure;
• in your church,
• in your community,
• in our conference,
• in the United Church of Christ.
• Thanks for your financial gifts to Our Church’s Wider Mission

so we can be the church together as Penn Central Conference and the United Church of Christ

A time for thanksgiving;

• Thanks for your covenant to be a part of the wider church and

to continue to accept the costs and joys of discipleship

• Thanks for your prayers and support for Penn Central

Conference

A time for where we are;

A time for where we are;

• We are challenged, as covenanted partners in Penn Central

Conference, to continue to keep doing things the way we always have.

• We are challenged financially to continue our ministry

together and wrestle with our calls to ministry that tug at our heartstrings.

• We need to be aware of some current facts to help us forge
• ur priorities for the journey forward together.

A time for where we are;

Trend in OCWM Giving in Penn Central Conference

$957,152.00 $926,508.00 $889,273.00 $868,650.00 $897,096.00 $846,687.00 $780,000.00 $800,000.00 $820,000.00 $840,000.00 $860,000.00 $880,000.00 $900,000.00 $920,000.00 $940,000.00 $960,000.00 $980,000.00 2013 2014 2015 2016 2017 2018

OCWM Annual Giving

OCWM Annual Giving Linear (OCWM Annual Giving)

A time for where we are;

Difficult Actions that had to be taken so far in 2019

• A one-time transfer of $60,000 from the Wilbur Valentine

bequest to meet conference financial commitments for January and February 2019.

• Temporary reduction of conference contributions to national

OCWM to 10% for April-June 2019.

A time for where we are;

“The $125,000 Dilemma” on the road ahead…

WARNING!!! BEWARE OF FALLING ROCKS

A time for where we are;

The 1st Rock Slide

Need to Reduce Our Contributions to national OCWM to 10%

A time for where we are;

The 2nd Rock Slide Changing the roles and number of conference clergy staff

A time for where we are;

The 3rd Rock Slide The $125,000 annual cost to underwrite five weeks of church camp

A time for where we are going;

A time for where we are going;

Proposed 2020 Penn Central Conference General Fund Budget

• Total 2020 Proposed Conference Budget - $1,070,720
• Total decrease in 2020 Proposed Budget compared to 2019 Adopted

Budget - $1,234

• Continue the reduction in conference contribution to national OCWM to

10%

• This decreases the total contribution to national OCWM by $72,162
• Increase the conference contribution to Hartman Center by $87,100
• Provide for a total compensation pool for conference clergy staff of

$358,000

A time for where we are going;

Proposed 2020 Hartman Center Budget

• Total 2020 Proposed Hartman Center Budget - $289,700
• Total increase in 2020 Proposed Budget compared to 2019 Adopted

Budget - $20,300

• Decrease in income from Summer Camp by $35,000
• Increase in financial support from the conference contribution to

Hartman Center by $87,100

• This large increase in conference support is needed until other viable

funding streams, like grants or additional usage of Hartman Center can be found.

A time to contemplate;

A time to contemplate;

• Our covenant as churches with our conference and with the

national United Church of Christ

• What calls us to be the church together as Penn Central

Conference?

• What are the things that draw us together as the churches of

Penn Central Conference?

A time to contemplate;

• What is at the heart of our being the church together?
• What are the new ways that we are called to be the church?
• What are the old ways that we need to shed to be nimble and

move forward together?

A time to contemplate;

The joy we find in giving together to OCWM

A time to act;

A time to act;

• Reflect upon the covenant that you personally have with the

conference and the United Church of Christ

• How and when have you called upon the wider church for

care and nurture?

A time to act;

• Consider sharing your financial gifts to support OCWM
• Consider how you and your church are funding your gifts to the

conference and the United Church of Christ.

• Is it intentional?
• What are you doing to consciously give to OCWM?
• Is giving to OCWM a line item in your church’s budget?
• Would you consider doing a fund raising activity at your church just for OCWM?
• Could you send your OCWM gifts on a regular basis, like monthly
• Consider increasing your giving to OCWM out of your love and commitment to

all that OCWM does

A time to act;

• Invest your ideas, time, and energy in finding additional usage

and funding for Hartman Center

For everything there is a season, and a time for every purpose under heaven:

Ecclesiastes 3:1

Thank You!!!