Our theme at Cornerstone this year is Going Big. The question is, how big are we going? Well, our total budget for 2008 is $1,122,566.10. WOW! In other words, we believe it will take about $21,588 per week or about $93,547 per month to operate our church and its ministries. It is a big number to digest, but we have stepped out on faith and believe that this is what Cornerstone needs.
If you have questions about the budget or other aspects of the church's finances, please send me an email at finance@cornerstonebuzz.org or see me Sunday morning.
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This blog is intented to inform you about the financial happenings of the church. If you have questions about the church's finances, please send me an email at finance@cornerstonebuzz.org or see me Sunday morning.
Monthly Snapshot
October Financial Update
Actual October Operating
Income: $58,037.12
Actual October Operating
Expenses: $71,109.03
Budgeted Monthly Operating
Income and Expenses: $85,119.50
Actual YTD Operating
Income: $694,856.26
Actual YTD Operating
Expenses: $705,753.75
Balance on Building
Loan: $1,627,294.69
*Cornerstone UMC is a tithing church.
We take 10% of everything given each
week and designate it for missions.
Therefore, operating income/expenses
are based on the 90% we use to support
our staff and other ministries.
Actual October Operating
Income: $58,037.12
Actual October Operating
Expenses: $71,109.03
Budgeted Monthly Operating
Income and Expenses: $85,119.50
Actual YTD Operating
Income: $694,856.26
Actual YTD Operating
Expenses: $705,753.75
Balance on Building
Loan: $1,627,294.69
*Cornerstone UMC is a tithing church.
We take 10% of everything given each
week and designate it for missions.
Therefore, operating income/expenses
are based on the 90% we use to support
our staff and other ministries.