March 2019 Financial Update

Dear Conference, 

Below for your information is an overview of the EPA financial data for the period through March 31, 2019.

Connectional Ministries Fund

Church giving for the Connectional Ministries Fund (CMF) was $788,826 through March 2019.

Local church giving to CMF was $78 thousand more than budget and $17 thousand less than March 2018.

Expenses through March 2019 was $709,107 that was $59 thousand less than the year-to-date budget and $123 thousand more than March 2018.

All Funds

The local churches paid $3.23 million or 19% of the total billed of $16.85 million to all churches.

This is consistent with the prior year when local churches paid $3.38 million 20% of total billed of $16.83 million.

The apportioned funds (CMF, WSF and GCF) giving through March 2019 was $1.20 million or 18% of total budget. The total percentage is down 1% from the prior year. The amount through March 2018 was $1.23 million or 19% of the budget.