Adam Fike
Westview Wesleyan
Making a Budget Tuesday
Interviewed – Pastor Mark Deisler on
- First, a finance committee meets in May to develop a budget.
- The finance committee is made up of a trustee representative to the board, the treasurer, an assistant to the treasurer, and two other people appointed by the pastor.
- Second, the finance committee plays a guessing game of projected tithes and offerings for the next year.
- Then, the committee starts with fixed costs that the church must pay every year. These include the mortgage, utilities, staff costs, etc.
- The committee operates on a line-item budget. It makes adjustments from the previous year based on spending habits of each department. If the department spent more than it was budgeted, the committee will try to allocate more funds to that department.
- Next, the finance committee submits the proposed budget to the board. The board can accept it or send it back to the finance committee for revisions.
- Once the budget is accepted by the board, it is sent to the local church conference for final approval.
No comments:
Post a Comment