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Financial Report 2021.09

by John Lindlief

As of the end of September, the following summarizes the financial condition of Zion Lutheran Church. Giving to the General Fund for the month of September was about $52,500 which was slightly more than was given in September of 2020. Total income for the month was almost identical to that of 2020. General Fund income for the year to date is about 1.4% less than last year.

September expenses for the General Fund are almost $2000 more than our total income for the month. For the year so far, expenses have continued to be less than we spent up to this point last year. They are about $40,500 less than our income for the year to date. We anticipate that expenses will rise significantly during the last three months of this year as we work to resume full staffing and programming.

Building Fund income continues to be slightly less than our mortgage payment expense. For the month of September, Building Fund offerings were just over $10,000. Through the end of September, our Building Fund expenses have exceeded our offering by a little over $8,000.

Thanks to all of you for continuing to financially support the mission of Zion. As we excitingly anticipate the return of many activities, the Finance Committee hopes that we will see our offerings reflect that same excitement.

John

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