Below for your information is an overview of the EPA financial data for the period through May 30, 2018.
Church giving for the Connectional Ministries Fund (CMF) was $1,335,236 through May 2018.
Local church giving to CMF was $125 thousand more than budget and $43 thousand more than May 2017.
Expenses through May 2018 was $965,280 that was $271 thousand less than the year-to-date budget and $170 thousand less than May 2017.
The local churches paid $5.68 million or 34% of the total billed of $16.86 million to all churches.
This is a slight percentage decrease from the prior year when local churches paid $6.23 million 35% of total billed of $17.67 million.
The apportioned funds (CMF, WSF and GCF) giving through May 2018 was $2.06 million or 31% of total budget. The amount through May 2017 was $2.17 million or 33% of the budget.
The current total from all three components of the resolution is $5.14 million as of May 31, 2018. Pledge payments of $59 thousand have been received from January 1, 2018 to May 31, 2018.
The updated figures from Fulfilling Our Covenant are as follows:
1) $3.93 million pledged
2) $3.46 million paid (88% of total pledged)