The 2017 budget of $132,900 reflects just an increase of $600 over 2016. The General Offering accounts for 57% of total revenue projections, with outside personal support at 30% and partnerships accounting for 13%. The 2016 missions giving forecast was lowered to 10% of general offering receipts, but is back at 15% for 2017. Missions giving includes national/state (7%), and local (3%) partnerships, support for global missions via the Lottie Moon (1%), Annie Armstrong (1%), and Indiana State Missions (0.5%) offerings, as well as supporting church planting in Tipton (1%) and other local opportunities (1.5%) such as addiction recovery programs and homeless relief. Administrative costs are up 62% due to increasing insurance costs, and additional accounting and church management software services. Staff budget includes a 2.5% COLA for our three pastors, an increase in health insurance premiums, and compensation for a few additional part time hours. The ministry budget (SHO GRO) drops only $208 as well as lowered BCM funding matched to reduced partner support. For 2017, a mandatory 10% savings has been removed from the budget and all unused revenue will be allocated into cash reserves.
$133K budget unanimously approved on December 11, 2016.
| CATEGORY | 2016 | 2017 | % |
|---|---|---|---|
| INCOME | $132,300 | $132,900 | 0% |
| Partners | $15,700 | $17,700 | 13% |
| Supporters | $36,600 | $39,200 | 7% |
| General Offering | $80,000 | $76,000 | -5% |
| EXPENSE | $124,300 | $132,900 | 7% |
| GIVE 15% | $8,000 | $11,400 | 43% |
| Missions Partnerships | $8,000 | $7,600 | |
| Missions Offerings | $0 | $1,900 | |
| Missions Opportunities | $0 | $1,900 | |
| KNO | $109,292 | $116,200 | 6% |
| Administrative | $3,600 | $5,832 | 62% |
| Facility | $10,000 | $9,600 | -4% |
| Total Staff | $95,692 | $100,768 | 5% |
| Non Housing | $63,331 | $65,908 | |
| Lead Pastor Housing | $17,500 | $17,500 | |
| Assoc. Pastor Housing | $10,861 | $13,360 | |
| Student Pastor Housing | $4,000 | $4,000 | |
| SHO | $3,608 | $2,200 | -39% |
| BCM | $3,000 | $1,500 | |
| Communications | $0 | $100 | |
| Hospitality | $608 | $600 | |
| Seed 2% | $0 | $0 | |
| GRO | $3,400 | $3,100 | -9% |
| Creative Arts | $1,800 | $1,800 | |
| Creative ArtsClasses | $100 | $100 | |
| Fellowship | $300 | $300 | |
| Groups | $0 | $0 | |
| Kids | $600 | $600 | |
| Students | $600 | $300 | |
| SAVINGS | $8,000 | $0 | |
| Cash Reserves 10% | $8,000 | $0 | |
| ZERO (=INC-EXP-SAV) | $0 | $0 |