Each month, the finance committee meets to review the church's finances and discuss the business of the church. But, who is this secret committee of bean counters and calculator jockeys? Here is your 2008 finance committee:
Keven Yost, Chair
Tammie Hill, Volunteer Treasurer
Jack Fisher, Church Administrator
David Smithson
Dan Walters
Richard Franey
Nic Cofield
Soon I will be posting information about our 2008 budget and monthly financial updates. As always, if you have questions about 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.