Tuesday, February 18, 2014
Conference Budget – Schedules A & B:
Please reference SCHEDULE A and SCHEDULE B for a summary of the conference budget for December 2013.
As a result of the faithful giving of EPA local churches to the connectional ministries fund or CMF we ended 2013 with a very strong result of $3,279,179. While this was short of the budget goal of $3.4 million by $120,821 or 3%, it was a reasonable variance. Given the ongoing economic struggles of many churches we are pleased and grateful for the commitment made by many to support this vital ministry.
The conference expense budget was managed very effectively in 2013 by all committees, boards, agencies and others. Total expenses were $2,749,881, $100,255 or 3.5% less than the 2013 budget of $2,850,136, and $156,994 or 5.4% less than 2012 expenses.