The KWCC Board has approved a Proposed Budget for 2024 for the membership to review and approve.
Stewardship Campaign Results:
We have received 65 pledges for a total of $368,240.
Income Categories:
Pledged Offering: Income received from families that turned in a pledge card.
Non-Pledged Offering: Income received from those who did not turn in pledge cards. New members' giving falls under Non-Pledged Offering.
Loose Offering: Cash in the offering plate. As online giving has increased, our loose offering has decreased. Loose offering received in 2022 was $4,768. We expect 2023 Loose Offering to be close to the budgeted amount of $5k.
Endowment Fund: Annual distribution from the $14,206 KWCC Endowment Fund managed through the Christian Church Foundation. This distribution is received after the first quarter.
Building Use Fees: Net profit for the use of our building by outside groups after all expenses are applied.
Associate Minister Gift: The $28k left from the special gift given to help fund the Associate Minister position.
Expenses - Savings: Elimination of lawn service with Lawn Care Teams - savings of $11k. Combining bookkeeper and treasurer duties - savings of $6k.
Expenses - Increases:
Expenses - Increases:
- Administration: Increase of $10k for Property Insurance and $2k for Flood Insurance. We are getting new bids for property insurance and hope to reduce this expense. We added $500 for Stewardship.
- Children's Ministry: Increased by $800 for the possibility of a summer VBS.
- Deacons: Requested $500 for some team building and social events.
- Ministerial and Staff Salaries and Taxes: Includes pay increases for senior minister (5%) and up to 3% for all other staff.
- Property: Increase of $k for special projects and $3,300 annually for water bill.
- Staff Salaries and Taxes: Includes quarterly preaching stipend for Rev. Margaret Maat, prorated salaries for Youth Director and new Associate Minister and designated funds for moving expenses.
2024 Proposed Budget
Pledges |
2021 |
2022 |
2023 |
2024 |
Units |
60 |
51 |
57 |
65 |
Total $ |
$325,920 |
$339,910 |
$340,640 |
$368,244 |
income
Income |
2021 - Actual |
2022 - Actual |
2023 Budget |
2024 - Proposed |
Notes |
Pledged Offering |
$318,878 |
$360,362 |
$393,610 |
$368,244 |
Footnote 1 |
Non-Pledged |
$52,758 |
$79,001 |
$88,203 |
$78,576 |
- |
Endowment Fund |
$531 |
$618 |
$500 |
$552 |
- |
Loose Offering |
$2,220 |
$4,678 |
$5,000 |
$4,992 |
- |
Building Use Fees |
$19,098 |
$35,213 |
$12,000 |
$9,996 |
- |
Misc. Income |
-$1,398 |
$416 |
$500 |
$0 |
- |
Associate Min. Gift |
- |
- |
- |
$28,000 |
Footnote 2 |
TOTAL |
$392,087 |
$480,288 |
$499,813 |
$490,360 |
- |
(1.) Actual pledges.
(2.) $28k remaining from Associate Minister special gift.
(2.) $28k remaining from Associate Minister special gift.
expenses
Expense |
2021 - Actual |
2022 - Actual |
2023 - Budget |
2024 - Proposed |
Changes in 2024 |
Amin. Expenses |
$78,062 |
$43,886 |
$41,255 |
$54,396 |
Footnote 1 |
AV Equip & Maint |
$3,980 |
$2,643 |
$15,200 |
$15,204 |
- |
Children's Min. |
$1,027 |
$1,370 |
$2,300 |
$3,000 |
- |
Connections |
$59 |
$1,070 |
$500 |
$504 |
- |
Deacons |
- |
- |
- |
$504 |
Footnote 2 |
Elder Expense |
$0 |
$0 |
$500 |
$504 |
- |
Church Growth |
$508 |
$3,746 |
$5,000 |
$3,000 |
- |
Ministerial Exp |
$95,864 |
$99,359 |
$109,443 |
$114,915 |
Footnote 3 |
Music: Table |
- |
- |
$1,200 |
$1,200 |
- |
Music: Sanctuary |
$2,606 |
$13,674 |
$18,000 |
$16,000 |
- |
Nurture |
$1,371 |
$4,218 |
$4,300 |
$4,300 |
- |
Property |
$49,197 |
$105,142 |
$70,000 |
$64,685 |
Footnote 4 |
Miss & Outreach |
$19,328 |
$24,953 |
$22,700 |
$22,780 |
- |
Staff Salary & Tax |
$115,167 |
$168,211 |
$195,465 |
$175,568 |
Footnote 5 |
Worship |
$1,328 |
$2,141 |
$3,300 |
$3,300 |
- |
Youth/Young Ad. |
$5,758 |
$6,643 |
$10,500 |
$10,500 |
- |
TOTAL |
$374,255 |
$477,056 |
$499,663 |
$490,360 |
- |
(1.) Admin: Property insurance increase + flood insurance.
(2.) New budget category, for team building.
(3.) Includes 5% raise.
(4.) +$5k for improvements, -$10k lawn; +$3,300 water bill.
(5.) Includes 3% raise; prorated youth/Associate Minister salary, $5k moving allowance.
(2.) New budget category, for team building.
(3.) Includes 5% raise.
(4.) +$5k for improvements, -$10k lawn; +$3,300 water bill.
(5.) Includes 3% raise; prorated youth/Associate Minister salary, $5k moving allowance.