At the congregational meeting in October, Doug made you aware of an operational deficit approaching $49,000 through September. As you can see from the chart at the right, as a result of increased giving and decreased expenses in October, we were been able to decrease the operational deficit by over $15,000 to ($33,545).
Operations at 10/31/16
Actual Budget Difference
Revenue 841,917 897,107 (55,190)
Expenses 875,462 897,107 22,645
(33,545)
We have also been providing a snapshot of our revenue shortfall in the bulletin and E-newsletter each week. As of November 13, we had a year-to-date revenue deficit of $42,064 which has decreased from $55,190 at the end of October. Additionally, we were able to hold the line on expenses resulting in a $21,645 reduction in expenses through October.
Thank you for your ongoing support.
