May 4, 2012

Surplus 2013 Budget Approved

The Assembly overwhelmingly approved a 2013 budget that calls for ending the year with a surplus of approximately $10,000.

The budget anticipates income of $2.26 million in partnership support from congregations and $1.36 million in additional income, with expenses of $3.61 million.

The Rev. Christopher Widener, finance committee chair, outlined the committee’s guiding principles in developing the budget, including

  • Maintaining ELCA partnership support of 53.5 percent of receipts from congregations.
  • Eliminating planned income from property sales and disbursements from the fund for mission.
  • Making selective adjustment to ministry expenses.
  • Maintaining staff compensation.