2010 Budget‎ > ‎

Draft Budget Amounts

Statement of Revenues and Expenses (General Fund Only)
in Annual Meeting Budget format









    2009/2010
2009/2010
2010/2011



Forecast
Budget
Budget









Revenues  





General Offerings only
$487,951
$555,000
$488,000

Special Offerings, Facility Usage & Other Income
$93,130
$150,300
$89,500

Endowment




$1,500

School Gifts + Thrivent
$27,846
$39,000
$25,000

Tuition and Fees
$529,652
$532,100
$583,900

Other School Misc Rev
$4,400


$4,400

Alumni fundraiser




$5,000

Dedicated Fund tsf Subsidies
$6,000


$0









Designated Donations / Fees: Specific Uses
$134,005
$73,100
$108,100

     
 
 

Total Revenues   $1,282,984
$1,349,500
$1,305,400

     
 
 

   





Expenses






All Personnel
$888,079
$949,100
$851,500

Ministries
$40,515
$47,600
$28,000

Admin.: Church Office, Fees, Insurance, Postage, etc.
$39,038
$40,600
$38,200

Property
$90,131
$95,800
$94,300

Interest 
$109,490
$104,900
$111,100

School
$24,730
$11,600
$13,200

Designated Expenses: Matching Revenues
$126,262
$73,100
$108,100



 
 
 

Total Expenses
$1,318,244
$1,322,700
$1,244,400



 
 
 



 
 
 

Total Organization Operating Surplus/(Deficit)
$(35,260)
$26,800
$61,000



 
 
 

LESS: Principal Payments
$32,876
$39,800
$40,400

NET Cash flow
$(68,136)
$(13,000)
$20,600



 
 
 









Base Budget Assumptions






1.  Budgeted Personnel costs reduction includes elimination of Assoc Pastor, Youth Minister, and not hiring FTE BusAdmin.






2.  Used token $5k for Alumni fund drive. 






3.  Park lease reduced to $1,500 per month.  Still negotiating with City.






4.  Assumed flat offerings to forecasted 2009.2010






5.  Registration for school is 138 as projected in tuition analysis.  If achieved this will result in $20k surplus.






6   Assumed one service and praise band at current status.