Grace Fellowship Church will celebrate its 25th year in 2022 and the Lay Leadership Council would like to reflect and express gratitude through our annual budget process. We respectfully request to defer transfers in our annual budget to the Future Fund ($3,450 in 2021) and use a portion of our current surplus (now standing at about $21,300) to address several budget changes for 2022, detailed below.
Our pastor voluntarily took a salary cut several years ago and we request that $6,000 of that salary be reinstated in 2022. We have been blessed with a pastor who has been so devoted to us that he has not taken much leave time during his entire career with us. We want him to have more freedom for both professional conferences and personal leave. To support this plan, we have budgeted $1,000 for education/professional development (e.g., pastor conferences and workshops), and we have increased Contract Services/Workers by $1,000 to provide an honorarium to those who speak on Sunday mornings when Rick is away.
We also know that our Abbie and Billy will not be able to do music during a large portion of the year. (Abbie will be moving to Nashville and Billy will be traveling with Renee during her 2022 sabbatical.) We budget $6,000 under Contract Services/Workers to hire a part-time worship leader.
To celebrate our 25th anniversary, we repurpose the Celebrate Norman budget from 2021 ($500) and add $500 more for a 25th anniversary celebration (totaling $1,000; details to be determined after a volunteer group is established). In support of our 25th anniversary and to make our community more aware of who we are, we request to rebudget $1,500 from Office/Property Expenses (one-time expenses to move to online and re-open the church during 2021) to Publicity and Marketing.
As noted above, we propose to reduce the Future Funds Transfer budget from $3,450 to $0 in 2022 to cover some of these expenses. After making the additions, subtractions, and adjustments, the 2022 proposed budget is $11,050 above that of 2011 (less than 10% increase). We expect a similar amount of income in 2022 as in 2021, so would pay for this difference through our current surplus, leaving the $42,0000 in our Future Fund untouched.
In summary, we propose an annual budget of XXX. We propose to tap our current surplus for $11,050 for annual budget increases. The current surplus would reduce to about $6,600 by the end of 2022. We retain $42,000 in our Future Fund. We also continue to work on selling our property on 60th Avenue West.
We will hold a zoom meeting vote on Wednesday, December 1 at 7:00pm. Zoom details and link below.
Thank you for your continued prayers and financial support for our ministry! Dona and Steve Petty Renee and Billy McPherson Ruby and Larry Leighton