Thanks to everyone for being so conscientious and responding so generously. Also, thanks to Sam for doing up these monthly target reports and helping us to keep on track.
TED
Calgary Congregation
Final Report on 2009 Monthly Budget Targets
January 7, 2010
This report shows revenue received up to the end of December 2009 against the budget for the year in each category. Both operating fund and world fund contributions exceeded our budget targets while capital fund contributions were short of our budget target.
Operating Fund
The receipted contributions for our operating budget in December were $9,118. This makes our annual revenues for the year $59,897. This is 9% higher than our 2009 budget of $55,000 by $4,897.
Capital Fund
There were no receipted contributions towards our capital budget in December 2009. This makes our annual revenues $4,415 which is shy of our budget of $10,000 by $5,585. However, one bright note for the capital fund is that it has increased this year by the $35,000 transfer received from the Canada West Mission in lieu of annual rental payments for the next five years.
World Church Fund
The receipted contributions for our world church budget in December were $1,402. This makes our annual revenues for this year $29,444. This 33% more than our 2009 budget of $22,000 and this responds to the request for increased support required for World Church programs.
A more detailed report of all revenues and expenditures for 2009 will be drafted by the end of January. If there are any questions, please feel free to contact me directly.
Respectfully submitted,
Sam Smalldon,
Calgary Congregation
Finance Officer (CFO)
Posts
No comments:
Post a Comment