Shaping up for Mission November 2009 Synod meeting North Western Synod.
Final Synod Power Point GC Budget 13-151
Transcript of Final Synod Power Point GC Budget 13-151
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Executive Council
Draft Proposed Budget
The General Convention Budget2013 2015
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Draft Budget 2013 2015:Background
The triennial budget:
Framed in response to D027 (2009) the
Five Marks of Mission Includes input from Executive Council,
senior staff, and from a church survey
Must be balanced financially
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Draft Budget 2010 2012: Process
June 2011: Executive Committee of Executive Council is
authorized to craft draft budget
August 2011: Quick electronic survey of the church
October 2011: Executive Council affirms Five Marks of Mission
and Core Principles and StrategiesOctDec 2011: Executive Committee prepares two budget cases
for consideration
January 2012: Executive Council discusses and approves draft
proposed budget
January 2012: PB&F begins preparations for General
Convention 2012
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Draft Budget 2013 2015: Framework
Budget Framed with the Five Marks of Mission
To proclaim the Good News of the Kingdom To teach, baptize and nurture new believers To respond to human need by loving service To seek to transform unjust structures of
society
To strive to safeguard the integrity ofcreation and sustain and renew the life of theearth
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Core Principles and Budget Strategies
A budget is a moral and theological document: weproclaim a theology of abundance and hope
Our mission is framed by the Five Marks of Mission
Our mission is one of reconciling all people and the
world to one another and God in Christ All members of this Church are called to Gods mission
of reconciliation by baptism; all voices are valued in ourdecision-making
Our resources will move toward the reign of God givingspecial attention to the poor and marginalized
We are obligated to be good stewards of the resourcesgiven us by God
Each part of the Church collaborates with the whole; we
are mutually responsible and interdependent
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Core Principles andBudget Strategies
Consider providing alternative budgets
Address current indebtedness pro-actively
Provide funding to facilitate study and
analysis of transformative change of thechurch
Support new expressions of the church
Discourage methods that foster dependency Consider partnerships outside the church
Re-imagine the idea of diocese
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Draft Budget 2013 2015:Challenges and Assumptions
Great Recession of 2008-2009 has moderated.Income projections can be made with greaterconfidence
Long term trends beginning before the recessionindicate continuing income decline
Recent diocesan giving is modestly better thaninitially budgeted for 2012, but below the full asking
With continuing volatility in the investment markets,prudent to reduce draw on endowments from 5.5% to5% annually
Debt repayment is accelerated to $5 M during thetriennium. Funding is available for staff adjustmentsand COLA
Asking continues at 19% of diocesan operating income
for all three years
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Draft Budget 2013 2015:Challenges and Assumptions
Total revenue is down $4.6 M compared to thecurrent triennium
Diocesan Commitments are lower by $6.8 M
Investment income down $2.3 M reflectingreduced draw of 5% and continuing impact of2008 market decline
Government revenue and expenses (which arealways break-even) vary with refugee arrivals,
but reflect currently known contracts Rental income assumes 3 floors rented at
Church Center
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Priorities from Church Survey
Ministry Areas with Largest Proportion Calling Essential(adjusted by subtracting the percentage saying no churchwide resources should be
used)
55.1%
55.3%
56.6%
57.0%
57.8%
59.5%
61.4%
61.4%
63.3%
63.4%
67.9%
68.8%
69.7%
73.8%
74.3%
75.2%
8
0% 10% 20% 30% 40% 50% 60% 70% 80%
Liturgy and music
Facilitating the Episcopal Public Policy Network
Research on congregational vitality & finances
Coordinating UTO grants & scholarships
Evaluating & monitoring grants to Anglican dioceses
Advocacy for racial justice &anti-racism training
Supporting anti-poverty initiatives & partnerships
Bringing public policy positions to federal lawmakers
Supporting missionary personnel
Supporing relationships with dioceses in Africa, Asia & the Pacific
Networking for global mission opportunities
Working with Latin American dioceses on self-sustainment
Ecumenical work (relationships & dialogues)
Coordinating grants to TEC dioceses & others
Communication--telling the story of TEC
Training & pastoral care for Bishops
Maintaining a database of congregations & dioceses
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Proposed Budget 2013 2015: SpendingHonors Five Marks of Mission
To proclaim the Good News of the Kingdom Continuing strong support for Church communications Utilizing new technologies and social media for telling the story Funding available for the reformation and renewal of church
structures
To teach, baptize and nurture new believers Funding for environmental stewardship; economic justice; and
people living with disabilities
Increased support for the Young Adult Service Corps
To respond to human need by loving service Increased support for Partnerships Grants Increased support for Dioceses with Indigenous congregations Increased support for the rebuilding of Haiti
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Proposed Budget 2013 2015: SpendingHonors Five Marks of Mission
To seek to transform unjust structures of society Work in advocacy through the Washington Office for peace,
migration, anti-poverty and missionary initiatives Resources available for review of CCABs and appointment of new
working groups
To strive to safeguard the integrity of creation andsustain and renew the life of the earth
Increased support for environmental advocacy Continued support for the work of the Anglican Communion
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Draft Budget: Comparisons2010
2012 (Actual and Forecast) 2013
2015 (Draft)
INCOME
Diocesan Commitments 77,442,774 70,607,748Investment Income 27,500,573 25,257,490Investment Draw for Development Office 3,766,300
Rental Income 2,891,749 4,050,000
General Convention Income1,086,750 1,170,311
Other Income 564,917
Total Income 109,486,763 104,851,849
EXPENSE
Presiding Bishop's Office 8,789,670 8,639,440General Convention 11,762,996 11,881,004CDO & Transitions Ministry 1,087,553 1,088,099
Corporate Expenses 33,468,669 32,010,306
Program 52,513,563 51,232,924
Total Expense 107,622,451 104,851,773
Budgetary Surplus/(Deficit) 1,864,312 76
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2013-2015 Triennium
19% Diocesan Asking
Non-Government Revenue
$104.9 million
Diocesan
Commitments
67%
Investment
Income
24%
Investment for
Development
Office
4%
General
Convention Fees
1%
Rental Income
4%
Sources of Income - Percentages
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Canonical Budget Comparison
2010
2012 (Actual and Forecast) 2013
2015 (Draft)
Presiding Bishop's Office 4,280,646 4,513,758
House of Bishops 342,232 272,400
Office of Pastoral Development 1,270,460 1,226,039
Title IV 1,069,531 820,654
Federal Ministries 1,826,801 1,806,589
Presiding Bishop's Group Total 8,789,670 8,639,440
Committees, Commissions, Agencies 1,092,132 1,163,630GC Sites and Facilities Expense 2,044,869 2,057,342GC Publications 161,024 66,866GC Secretariat 251,812 177,810
Executive Council 1,567,187 1,439,250House of Deputies 541,251 738,275
Office of the General Convention 3,467,683 3,470,313Archives 2,446,232 2,767,518GBEC 190,806 0General Convention Total 11,762,996 11,881,004Transition Ministries 1,087,553 1,088,099Total Canonical 21,640,219 21,608,543
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Corporate Budget Comparison
2010
2012 (Actual and Forecast) 2013
2015 (Draft)
Chief Operating Officer Total 1,453,878 1,651,894
Controller 3,279,738 3,679,755
Treasurer 4,050,167 3,780,225
Debt Financing & Repayment 7,732,257 8,700,000
Refugee Loan Collection (IOM) Net -1,179,566 -1,092,204Total Finance 13,882,596 15,067,776
Facilities Management 6,251,258 6,475,067
Human Resources 4,665,789 3,746,696
Legal Staff Costs 531,526 588,879
Legal Non-Staff Costs 145,920 198,700
TEC Property Litigation 3,115,190 2,700,000
Technology 3,422,512 2,281,294
Administration Total 18,132,195 15,290,636
Total Corporate Expenses 33,468,669 32,010,306
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Program Budget Comparison
2010
2012 (Actual and Forecast) 2013
2015 (Draft)
Mission Direction and Administration 2,625,890 2,423,483Development Office 1,305,166 2,516,300Diocesan & Congregational Ministries 2,821,176 2,108,114Diversity, Social and Environmental 5,193,419 3,641,073Formation and Vocation 3,049,339 286,438Anglican Communion 3,221,522 2,150,387TEC Diocesan Grants (offshore) 4,931,269 5,952,229Ecumenical & Interfaith 930,866 647,751Ecumenical Appropriations 744,926 524,258Grants & Covenants 14,006,360 15,059,402Peace, Int'l Affairs, and Migration 1,102,861 1,159,236Missionary Personnel 3,967,184 4,935,892United Thank Offering 180,920 181,000Affiliated Organization -2,547,147 -2,547,147Office of Government Relations 1,897,311 2,607,480EMM Non-Government 279,412 793,700Communications 8,803,089 8,793,328
Total Program 52,513,563 51,232,924
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2013-2015 Triennium
19% Diocesan Asking
Non-Government Expenditures
$104.9 million
Canonical
21%
Corporate31%
Program
48%
Expense by Type Percentages
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Draft Budget 2013 2015: Next Steps
Schedule for Joint Standing Committee onProgram, Budget and Finance at 77th
General Convention:
Framework July 4, 2012 12:30 p.m.Funding July 6, 2012 7:30 p.mSpending July 7, 2012 7:30 p.m.
Present aproposed
budget toGeneral
Convention July 10, 2012 2:15 p.m.For vote by General
Convention July 12, 2012 TBD
Will hold
hearings on
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Draft Budget 2013 2015: Summary
The triennial budget:
Is balanced financially Spending and revenue, both at $104.9 million Revenue will be subject primarily to diocesan
commitments and investment market performance
Reflects the Five Marks of Mission Includes input from church leaders, staff and
survey Commits our resources responsibly Does not include the cost of relocating the
Archives
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Executive CouncilDraft Proposed Budget
Budget posted and commentsreceived at:
http://jscpbf.blogspot.com/
The General Convention Budget2013 2015