Town Meeting

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• Town Meeting
• December 20, 2009

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Agenda

• Council Representatives Steve Hedges and Tracy
  Wiese
• Financial Planning Cindy Folin
• Stewardship James Behnke
• Sanctuary Renewal Update Bekah Padilla

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One Question
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Financial Planning
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Where are we so far in 2009?

• General Fund
• Total church receipts are 2.0 below budget
  (28,000)
• Faith Promise giving is 7 ahead of prior year
• Expenses are 3 under budget (35,000)
• Net change in fund balance exceeds budget by
  7,000

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Trend Line
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Giving Units
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Where are we so far in 2009?

• WECC Fund
• Receipts are 6 below budget (52,000)
• Expenses are 2 below budget (22,000)
• Within 3,000 of positive fund balance goal for
  year

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Where are we so far in 2009?

• Capital Fund
• Capital appeal gifts total 410,000 during 2009
• Gifts represent 37 of the 1.2 million capital
  appeal goal
• Debt payments of 95,000
• General capital expenditures have been kept to a
  minimum

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Lets Support Strong Finish for 2009

• Continue faithful giving
• Continue diligent cost management and prudent use
  of resources

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2010 Financial Forecast

• Faith giving forecast increase of 1
• Salaries and Benefits
• Maintain existing staffing complement
• First full year of CYF staffing changes
• Continued support for seminary intern
• Health premiums up 19
• Employee pay increases of 2
• Mission and Outreach commitment continues at
  11.4 of Faith Promises

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2010 Financial Forecast

• Administration costs include insurance increase
• Building Grounds costs level
• Other program costs include resources for renewed
  sanctuary celebration
• Supports debt payments minimal funding of
  general capital needs

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(No Transcript)
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Financial Management Review

• Advisory Group
• Steve LaBelle, Chair
• Liann Johnson, Treasurer
• Rich Sathe
• Dave Hill
• James Behnke
• Krista Dusil
• Jeff Otos

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Stewardship
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Stewardship Goals

• Current focus
• Fulfilling current year Faith Promises
• Announcements
• Letters and statements
• E-News
• Newsletter

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Stewardship Goals

• Current focus
• Continued commitment through 2010 Faith Promises
• Obtaining pledge commitments from those who
  pledged for 2009
• Obtaining pledge commitments from those who
  participate but have not pledged
• Encouraging giving by all

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Stewardship Goals

• Current focus
• Continued focus on coordinated giving
• Annual giving
• Capital or other special appeals
• Legacy gifts

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Restoration Renewal

• Bekah Padilla

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Update

• Karkela Construction bid selected
• Working with city of SLP
• Construction financing is in place
• Have begun demolition portion of project
• Capital appeal gifts total 440,000 through
  November

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Update

• Major project components
• new double-pane windows
• repair and refurbishment of doors
• restoration of walls, floor, columns
• new lighting and refurbished ceiling
• new or repaired electrical and mechanical systems
• installation of a sprinkler system

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Update

• Major project components
• new chancel platform
• new sound system, projection and recording
  systems
• installation of doors to south courtyard, along
  with repairs to the courtyard
• roofing repairs of the west education wing
• new and newly configured seating
• handicap accessible entryway near the narthex

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Update

• Continued management of project components
  throughout construction to stay within budget
  parameters
• Completion dates
• Substantial completion by June 30, 2010
• Final completion by July 31, 2010

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Table Questions
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Thank you
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