The Finance Committee would like to share the following information. For the month of August, total General Fund income was almost $50,500. Last year we received August income of a little over $66,500. [Edit to add: August 2021 had 5 Sundays and August 2022 had 4.] For the year to date, we have had income of about $477,500 which is about $21,000 less than what was received up to this point in 2021.
Our expenses for August 2022 were almost $57,000 compared to August 2021 expenses of a little over $55,000. For the year so far our expenses are about $528,000 which is about $71,500 more than what we spent at this point last year and about $50,500 more than what our 2022 income has been. As we have been saying this year, it is exciting to see almost full staffing and returning programming to Zion.
Building Fund income for the month of August was about $9,700. This compares to almost $14,000 given in August of 2021. For the year our Building Fund income is about $107,500 which is a little over $3,000 less than our mortgage payments have been. Our monthly mortgage expense is $13,834.
We expected that these expenses would exceed our income for a while. We look forward to the time when again our income meets our expenses. Thanks to all for your financial support.
