The 1st quarter financial update published in last month’s Tower indicated that pledge
revenue was falling behind budget through March 2017. Unfortunately, this trend is
continuing in April and we are now some $45,484 behind budget year-to-date in pledge revenue as shown in the table on the PDF attached below. If this trend continues, budget cuts will be required and church cash flow may be affected during the summer months when pledge giving slows due to members’ vacations.
The church Staff is doing a good job in controlling expenses in order to help mitigate the impact on reduced revenue.
The Finance Committee asks that if you are behind in your pledge giving so far this year, please consider “catching up” during the month of May & June so that we can avoid implementing
spending cuts and budget adjustments during the second half of the year.