The financial statements for February are completed just in time to meet this month’s newsletter deadline. The following summarizes those reports: when comparing February to this month a year ago, General Fund income/offering is almost 7% higher, with a weekly average of just over $14,000. General Fund expenses for the month are about 24% higher than last February. A vast majority of that increase is due to increased staffing for positions not in place a year ago. The remainder of the increase is spread over a number of areas with youth programs and fellowship expenses being the greatest. For this month, our expenses exceeded our offering/income by a little over $21,000.
For the year to date, General Fund income is down almost 4% from last year. However, last year had one more Sunday as of the end of February. Consequently, if you were to compare the weekly averages, General Fund offering/income is actually up 8.1% YTD.
Building Fund income for the month of February is up about 25% compared to February of last year. This amounts to almost $13,000, which is about $900 short of our monthly mortgage payment. For the year-to-date, Building Fund income has exceeded our expenses by about $1300.
It is gratifying to see our congregation respond to our financial commitments. We continue to see Zion as a welcoming place. Thanks to all who are contributing their resources – financial and otherwise – to this vibrant faith community.
