Paul Wash, the chair of our Finance Team, gave a thoughtful and detailed presentation of the proposed 2012 MAP on Sunday, November 20, at our Ministry Conference. [It went so well that immediately after we decorated our church for Advent and it looks fabulous!]
The budget is lower by 0.5%. This isn't out of any need to cut the budget as we are on pace to meet our 2011 budget. Rather, the line items better reflect the expenses associated with those designations. We had over-budgeted for some items in our current budget; the 2012 budget corrects those inflated amounts.
Some high points to the budget: our Church Administrator had a positive salary correction in keeping with his position and duties. The Children's budget was increased per the request of the Children's Ministry Team. The Youth budget also increased over the current allotment.
Chairman Wash also provided good news about Calvary's building debt. You may recall that since the 2010 budget, we have allotted around $80,000 to pay down interest and principle. Demonstrating a faithful and wise congregation, Calvary has received additional offerings to go toward paying down principle on the debt. We are well below $600,000 on the note and could possibly lower that to just under $500,000 by the end of 2012. Given where we started just a few years ago, we are making excellent progress to becoming debt free.
We will vote on the Mission Action Plan for 2012 on Sunday at the close of Worship. It is appropriate that this business of the church occurs within the context of worship--certainly we have much to praise our Lord about.
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