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July 3, 2021
Dear Congregation Members
Update on Church Finances.
Our Checking account, as of June 30, 2021 went down to $4,187.53. I would like to think that it is start of Summer and people have other things to do.
Our Income for the month of June was $5,430.32 and our expenses were $4,568.25 for a gain in income of $862.07. If it was not for the Yard Sale, which brought in $959.32, we would not have taken in enough money to pay our monthly bills. We received a couple of bills that were not part of our normal monthly expenses. They are P.O Box Rental of $118.00 and excess water usage of $258.78
Our Pulpit Supply is still a problem. At this time, we have $803.00 left in this fund. The cost for June is $893.00, leaving us in the hole by $93.00. The Counsel agreed to start taking money out of the Synod Grant, to keep having Pastors. The overage from June will be subtracted leaving us with a balance of $1117.34 for the month of July. When this money runs out, the only other place to take it from is the General Fund. The 2 upcoming Craft Fairs will help, but it won’t solve the problem.
If you have any ideas which will help, please let one of the council members know. We are reaching a critical point and if July and August are anything like June, we will be in a lot of trouble come September.
Thank you for everything you do to help Gift of Grace.
In God’s Name, we trust.
Bob Ely
Treasurer.
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