As 2012 comes to a close, we are celebrating the continued stewardship of the faithful at First UMC. By prayers, presence, gifts, service, and witness, we continue to offer transforming ministry for those who attend and those with whom we are in mission.
Financially, the “good news” is that giving has been consistent through the year and is up slightly this year. We also celebrate that we are spending under our 2012 budgeted plan.
Unfortunately, there is “bad news”. We have determined that our 2012 budget was a financial overreach. While we were able to give staff members a slight raise, continue with needed building improvements, and pay extra on our mortgage, we are currently operating with a deficit. The Finance Committee is committed to bringing our income and expenses and has developed a plan to do so.
In addition, the Finance Committee and the Administrative Board will be developing a 2013 budget that reflects our financial reality. This may mean some challenging adjustments. However, we are confident that the ministry and mission of First UMC will continue strong.
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