Financial Report

Posted at the back of the Church is a Notice issued by the Diocesan Finance Office detailing their budgeted expenditure for 2009. They envisage their expenditure to be in the region of £6.4m.

This will be supported by contributions from parishes, being £4.2m and other income of £2.2m.

Towards the end of 2008, the Diocese informed its Parishes of their 2009 Parish Share. St. George’s Parish Share is £49,541, an increase of 1.94% on 2008.

In order for St. George’s Church to be able to honour its commitment, the PCC has approved its 2009 budget:

Expenditure

.

Parish Share	50,000
Church running exp	5,400
Clergy expenses	4,000
Honoraria	3,000
Other costs such as Magazine, photocopier etc.	5,360
Administration	2,430
	70,190

To help us we hope to receive from:

Planned giving	28,800
Donations	11,800
Sales & Fundraising	12,900
Gift Aid /Bank & Inv.	9,300
Interest Fees from marriages etc.`	6,000
	68,800

As you can see, this is an unbalanced budget with a deficit of £1,390 to start the year with.

2009 looks to be another challenging year for St. George’s finances. Each year the challenge to ‘balance the books’ becomes more difficult. Without the generous donations and support of its parishioners, St. George’s Church would not continue to operate. This too applies to the support received from the Church Hall as, without their help, the 2008 Parish Share would not have been paid.

We are all aware of the current financial difficulties facing us but we also need to be aware that these problems affect our Church too. As individuals we need to be constantly re-evaluating our position and I would ask that once you have looked at the Church’s finances for 2009, you are able to include St. George’s in your own 2009 budget.

With thanks,

Carol Mckells
Hon Treasurer to the PCC