GENEROSITY OF CONGREGATION Seasonal Sharing CROP Walk Wall Out Hunger MISH New Hope Manor Stockings PAL School Supplies Drive
May Fair Christmas in New England Adult Forum Morning/Evening Prayer Grounds Keeping/Gardening Bell Choir Pastoral Care Happenings Newsletter Liturgical Ministers Memorial Garden
Aggressively managed expenses More efficient operations Lean staff Renegotiated service contracts Changed utility provider Implemented bid process for Buildings & Grounds projects
For 2012, 82% of households have pledged Average weekly pledge has increased
Reduced expenses to match reduced income Reduced the budget shortfall 2006 $116,000 Shortfall 2010 $2,000 Surplus 2011 $28,000 Shortfall Major Factors : Deaths/Moves Unanticipated Snow Removal Extra Insurance Payment
Engage the community Embrace the culture Recruit youth and families Nurture our members
At this time of new energy, anticipation and hope AND after many frank budget discussions, we find ourselves with a significant budget deficit of approximately $45,000. Your Vestry is reluctant to go forward with this deficit and equally reluctant to make further cuts in staff, programs and building maintenance.
How to Balance Deficit Budget Cut Expenses Increase Income
No “Easy” Cuts left Only 5 paid staff (2 Full-Time, 3 Part-Time) Cutting expenses means cutting positions and programs Risk moving backward
More fundraising is not the answer Endowment provides limited income All other Income items fixed Leaves us with pledging
There is some good news In 7 years, average weekly pledge increased from $22 per week to almost $34 per week But during same time, number of pledging units have been reduced by 1/3 With expenses growing beyond our control and fewer pledging households, the increased weekly pledging has not been enough to close the gap
Vestry has struggled with revisiting pledging A budget based on current income would mean cutting or reducing staff positions Such actions would be very difficult for those affected, will most certainly undermine our momentum as a congregation and may even result in a further shrinking of our membership.
Vestry is asking that each of us consider ‘stretching’ a bit further by increasing our pledge for 2012 Deficit would be eliminated if every pledge increased by about $4.50 per week That’s about $234 more per year per pledging unit Or, consider a 10% increase in pledge
Cards are in pews Please return by next Sunday, January 15 th At January 17 th meeting, Vestry will reassess where the budget stands Thank you for your attention, your consideration of this appeal and your prayers!