Budget Highlights

1. 128.1K budget
2. continue to give 15% outside to partnerships, global missions, missions offerings, church planting, and local front line ministries
3. 5% staff COLA (makes up for 0% COLA in 2021)
4. resuming the Missions offering and Mission Trip line item for fxchurch missions
5. reallocating some of the 15% missions gifts for 2021 to Ecuadorian church planting

Budget Summary

The 2022 budget of $128,100 is largely unchanged over 2021. We are re-instituting the annual Missions offering that had been suspended due to world travel restrictions. The General Offering includes both tithes and offerings, and is considered charitable giving for tax purposes by members, regular attenders and a few outside supporters. Other income includes giving from our partnerships as well as non-charitable giving where goods and services are provided. We take an annual Missions offering to support in-house mission trips and summer missions.

Regarding the expense side, at fxchurch, we give 15% of the General Fund to outside missions causes (GO). We can invest in kingdom work because we aren't making interest payments for brick and mortar. Our normal breakdown includes the following, but may be adapted as needed. Missions giving includes national/state (7%) and local (3%) partnerships, direct support for global missions (1%), national missions (1%), and state missions (0.5%), as well as supporting area church planting (1%) and other local opportunities (1.5%) such as addiction recovery programs, pregnancy crisis, and homeless relief.

Our fixed costs (KNO) will be lower this year, including less rent and not owning property with associated utility and upkeep cost, even with a proposed 5% COLA (cost of living adjustment) for all staff. This COLA adjustment will make up for not taking a 2.5% COLA in 2021. The housing listed represents a portion of a pastor's overall compensation, and is line item-ed to show congregational approval in order to meet IRS guidelines.

In our discretionary spending, we have added the Mission Trip line item to go along with the Missions Offering. We've also increased Communications for signage and banners.

Finally, due to already blessing area partners from the sale of the Chouse property, we would like to reallocate some of the 15% Missions Giving from 2021 to Ecuadorian church planting.

Budget Approval

$128K budget unanimously approved on Dec 19th, 2021.

Budget Summary