The Finance Committee would like to share the summary of Zion’s financial condition as of the end of March. In the General Fund, our total income for the month was $56,365. This is about $13,000 or 18.76% less than we received in March of 2021. Our expenses for the month were about $10,000 more than those of a year ago. This, of course, is because we have resumed our programming and have all of our staff positions filled. For the total of the first three months of the year, our General Fund expenses have exceeded our income by $11,122. General Fund cash on hand at the end of March was $253,811.
In the Building Fund our total income for the month of March $10,957 which is about $900 less than we received in March 2021. For the year to date our income is $3340 less than that of the first three months of last year. Our Building Fund expenses so far this year are $3652 more than our income. Cash on hand in the Building Fund at the end of the month was $64,500.
We continue to be excited with the resumption of so many of our programs and activities. Thanks to all for making this happen.
