 The
ANNUAL CONGREGATIONAL BUDGET MEETING was
held on Sunday, January 24, 2010. The 2009 Annual Report, as
found in the January issue of the Connection was accepted. The
Year-end 2009 Financial Report for TAPC was received by the
congregation.
The 2009 Operating Fund receipts totaled $163,524 (Approximately
$22,000 less than we budgeted for.) The 2009 Operating Fund
expenses totaled $156,745 For a net loss of [-$ 6,909] However,
because Patty Vogeley voluntarily gave up her compensation from
August - December, and significant cuts were made to other employee
salaries and wages, and a freeze was imposed on all committee
spending, we were actually able to end the year with a surplus.
The 2010
Operating Fund Budget was proposed. Because of continuing
financial concerns, the Session decided to reduce the 2010
Operating Budget to $163,524 through cutting the Administrative
Assistant's hours to 18 hours per week and the Financial Secretary's
hours by 1 ½ hours per week. Most of the committees
reduced their budgets for the year, and our pledge for Presbytery
Benevolence was eliminated. With thanks to the staff for their
understanding, the 2010 Operating Fund Budget of $163,524
was accepted.
The only
change to the Pastor's terms of call for 2010 was the addition
of 2 more Sundays off during the year. Otherwise, his terms
of call remain the same as they were in 2009, and were approved
by the congregation.
|
