1. The Diocesan Budget Explained 2014
Supporting the mission and ministry
of the Diocese of Rochester
The Diocesan Budget Explained 2014

2. Each year the Diocesan Synod approves a budget for diocesan expenditure. This includes the cost of deploying our clergy as well as other national and local costs in support of our mission and ministry in our communities. This presentation summarises and explains the budget for the Diocesan Synod.
Drawing up the next year’s budget happens through the middle part of each year with the involvement of the Bishop’s Council as Directors of the Diocesan Board of Finance, advised by the Finance Committee, Team Directors and members of diocesan staff. Each item of expenditure is carefully scrutinised in the light of priorities set by the Bishop and the Bishop’s Council.

3. Diocese of Rochester – 2014 Budget
Parish contributions to clergy costs (54%) £6.40M
Glebe/investment income for clergy costs (6%) £0.75M
Other income for Diocesan work (6%) £0.63M
Grants/special funds/reserves etc (6%) £0.74M
Parish Share (28%) £3.24M
_______
Total income £11.76M
(all figures in £Millions)

4. Diocese of Rochester – 2014 Budget
Clergy stipends/pensions/
training (69%) £8.04M
Clergy housing (12%) £1.44M
Mission & Ministry
support teams (7%) £0.85M
National Church
responsibilities (4%) £0.44M
Other diocesan support
for ministry (7%) £0.84M
Lay pension scheme
deficit (1%) £0.14M
Diocesan projects/
events (<1%) £0.01M _______
Total expenditure £11.76M
(all figures in £Millions)

5. Our expenditure explained
£9,471,600
Funds the stipends, housing pensions and training of our clergy and all related costs
Includes national and local costs of selecting and training candidates for ordination.
Direct contributions to ‘stipend’ cover £6,394,100 of these costs (67.5%)
£750,000 (7.9%) is funded from investments
£2,327,500 (24.6%) is funded from Parish Share or other sources
Parish ‘stipend contributions’ do not in fact cover the full cost of deploying a minister even when paid in full

6. Our expenditure explained
The estimated average costs of deploying a full-time minister in our Diocese in 2014 are:
*includes council tax, and water rates paid by PCCs as well as repairs, improvements, insurance and admin, etc., paid by the DBF
Stipend
£25,110
National Insurance
£2,110
Pension
£8,490
Housing (estimate)*
£9,000
Total
£44,710

7. Our expenditure explained
£853,600
Funds our teams which give support, advice and training for local mission and ministry
This covers such things as:
Clergy continuing ministerial development
Training and development for lay ministries
Support in youth and children’s work*
Training and support in evangelism, church growth and community engagement
Communications advice and support
*Our work with church schools is almost completely funded from educational trust income through the Diocesan Board of Education

8. Our expenditure explained
£445,700
Funds our contribution to the national church
This covers such things as the work of General Synod, the Archbishops’ Council and the House of Bishops including:
The Mission and Public Affairs Division relating the Christian faith to issues of national concern in Parliament and other national bodies
The Ministry Division overseeing ministerial training and development at national level
The Cathedral and Church Buildings team seeking to influence national policy and encourage creative use of our buildings for missions, worship and service
Support for clergy retirement housing

9. Our expenditure explained
£843,500
Funds all our other diocesan support services
Including:
The Diocesan Advisory Committee (DAC) fulfilling our statutory obligations in relation to church buildings, and offering advice and support over development projects
The Diocesan Chancellor and Registrar and other legal support for parishes
Stewardship support for parishes and the diocesan accounts team
Safeguarding and other advice
Costs associated with various diocesan bodies, administration and trusteeship roles
At present we also have to set aside a further £137,400 to fund the accrued deficit on our pension scheme for lay diocesan employees

10. Our expenditure explained
£6,000
Is being set aside for various diocesan events
We had been setting aside money into a Diocesan Development Fund to help fund major new initiatives such as the establishing of a Christian presence in areas of significant housing growth, but as there is a considerable sum set aside already, it is not being carried out in 2014.

11. Diocese of Rochester – an overview
Population
1.25M (est)
Bishops 2*
Area
542sq miles
Cathedral Clergy 3*
Parishes
219
Archdeacons 3
Churches
264
Stipendiary clergy
197 (fte)
Ministry Houses
225
Self-supporting clergy 49
Electoral Roll
25,000
Licensed Chaplains 28
Average Adult
Weekly Attendance
20,900
Licensed/authorised lay ministers
700 approx
Total Parish Income
£24.3M
Clergy in
diocesan roles
8.4 (fte)
Church Primary Schools 83
Lay people in
30.7 (fte)
Church Secondary Schools 6
fte = full time equivalent
Posts marked * paid by Church Commissioners

12. Just as each of us has one body with many members, and these members do not all have the same function, so in Christ we who are many form one body, and each member belongs to all the others. (Romans 12:4 and 5)