Please call or e-mail Bill Johnston at BJohnston@gracecommchurch.com for additional information or contact one of your elders.

2010 Budget

The Board of Elders have approved a balanced budget for 2010 with giving and expenses set at $1,313,587. The budget represents a 3.4% reduction from the 2009 expense budget. It provides for a 103% increase in the Ministry Expense budget, a 7.5% reduction in the Staff Compensation budget, and a 6.4% reduction in the Operation Expense budget. To obtain a copy of the budget please Bill Johnston, Director of Finance.

2009 Year-End Financial Update

Grace was blessed this past year with very generous giving on the part of our congregation. The following summarizes the financial picture at the end of 2009. The annual giving budget was $1,250,000. IMPACT 2009 giving was $235,955 for a total giving of $1,566,495. Expenses totaled $1,359,086 resulting in a net gain of $207,409. We were blessed that we did not have to use the bank line of credit in 2009. Thank you to everyone who gave so generously throughout the year.  

2010 Monthly Finance Update

Giving for January thorough February totaled $181,932 against a giving budget of $200,000 leaving us 9% under budget.

Please call or e-mail Bill Johnston for additional information or contact one of your elders.

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