Holy Word Information Meeting

1
Holy Word Information Meeting
November-2003
Recent Holy Word History (context)
Introduction to a Financial Tool.. How
Solutions Were Put Together Evaluated
Questions Answers Where do we go from
here Humble yourselves, therefore, under God's
mighty hand, that he may lift you up in due
time. Cast all your anxiety on him because he
cares for you. 1 Peter 5 6-7

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Holy Word Recent History
Chad White Accepts Call
C. Schoeneck College Station
Pastor Johne Retires
N. Buege Katy
Stelljes Commissioned
Steve Witt Accepts Call
2003
Vicar Prahl
Vicar Gunther
Vicar Schoeneck
Vicar Buege
2001
2000
2002
1999
Stelljes Home
Sanctuary Construction Starts
Home Repair Witt Move
Dedication of New Sanctuary
Close Mortgage on New Sanctuary
3
Holy Word Membership Growth
9 months
Based on membership transactions
4
Cumulative Operating Deficit
5
Future Gap if nothing changes
Present Gap
Cumulative Operating Deficit
6
How Solutions Were Put Together
7
Our Situation and Solutions
Upcoming Challenges (4000 7000/mo)
1) Synod gift for Staff Minister expires 2) Gift
of Stelljes home expires 3) Insurance costs
Past and Present Expenses
More or less break even
Addressing Our Situation
Permanent Expense Cuts
Pray for better stewardship
Temporary Expense Cuts
One-time Cash Boost
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Solution Example Evaluation
Turn Asset Into Cash
Sell Holly Bluff
Relocate Prahl Family
Sell Wiginton
Alternate Housing for the Hills
Cut Monthly Expenses
Reduce Synod Offerings to 10
Temporary 5 Across-the-Board Salary Cut
Cut 2500/month from School Staff Salary
Dont Renew Call for 3-4th Grade Teacher, Change
Full-time Position to Part-time, Cut School
Services in Other Ways
Other Elimination of Staff Salary