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January 2016 The Net St. James Episcopal Church St. James Mission Statement St. James is called to serve God, Christ, and the community of Greater New London. Annual Meeting 4 Thanks 5 Birthdays 7 Music 7-8 Outreach 9-11 Stewardship 12 Financial Information 15 Inside this issue: Below is the slate of officers and vestry for 2016: Senior Warden Dorothy Sieberg Junior Warden Lori Sarkett Parish Clerk Jan Dargel Treasurer Gerald Miller Assistant Treasurer Garrett Brennan Historian Dean Hantzopoulos Vestry Class of 2019 David Downes Barbara Sherman Bruce Skinner Deanery Representatives Grace Barnum Ronald Steed Please take some time to review the slate and thank to those who have offered to lead our Parish! Nominating Committee News

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Page 1: St. James Mission Statementimages.acswebnetworks.com/1/573/JanuaryNET2016.pdf · Trinity Institute is an annual theological conference hosted by Trinity Church, Wall Street, for clergy

Volume 10 Issue 11 THE NET Page 1

January 2016

The Net

St . James Episcopal Church

St. James Mission Statement

St. James is called to serve God, Christ, and the community of Greater New London.

Annual Meeting 4

Thanks 5

Birthdays 7

Music 7-8

Outreach 9-11

Stewardship 12

Financial Information 15

Inside this issue:

Below is the slate of officers and vestry for 2016:

Senior Warden Dorothy Sieberg

Junior Warden Lori Sarkett

Parish Clerk Jan Dargel

Treasurer Gerald Miller

Assistant Treasurer Garrett Brennan

Historian Dean Hantzopoulos

Vestry Class of 2019 David Downes

Barbara Sherman

Bruce Skinner

Deanery Representatives Grace Barnum

Ronald Steed

Please take some time to review the slate and thank to those who have offered to lead our

Parish!

Nominating Committee News

Page 2: St. James Mission Statementimages.acswebnetworks.com/1/573/JanuaryNET2016.pdf · Trinity Institute is an annual theological conference hosted by Trinity Church, Wall Street, for clergy

Page 2 THE NET Volume 10 Issue 11

The Net …

is the newsletter of St.

James Church, New

London, Connecticut.

It is published eleven

times a year

(September through

June and a summer

issue) for the

information and

edification of St. James

members and friends.

Submissions are always

welcome and should

be submitted by the

tenth of the month

before publication.

While your submission is

always welcome, we

would prefer to receive

it by e-mail or memory

stick in Microsoft Word

format.

Please continue to

forward your

submissions to the

church office or email

them to: [email protected]

We also welcome your

comments and

suggestions. This is your

newsletter.

76 Federal Street

New London CT 06320-6601

860-443-4989

www.stjamesnl.org

HAPPY NEW YEAR !

Traditionally, greeting the new year includes making

resolutions for changes in one’s life. I don’t know about

you, but I’ve pretty much abandoned that practice. My

resolutions, no matter how well intentioned, always seem to

fade away long before another new year comes. Still the

coming of a new year, with fresh calendar pages before

us, does prompt one to think about the future and wonder

what changes and challenges will emerge.

Our parish community has the challenge of securing both

a new rector and a new organist/choir master. A search

committee has posted ads for an organist in a number of

relevant publications as well as on our web site.

Applications are already coming in and will be vetted. The

committee plans to select three or four finalists to audition

through playing and conducting our choir on site. They

hope to hire the finalist by late spring. Information on this

process will be shared in The Net.

In this first full week of January we will be interviewing two

candidates for interim rector. Pray that our chosen

candidate will accept this position. The vestry will meet to

select our transition team (formerly called a search

committee) this month. We will begin the tasks involved in

articulating who we are as a community of faith and what

kind of clerical leadership will best help us to be faithful

servants of God in this time and place. All members will be

asked to actively participate in surveys and small group

discussions as we undertake this discernment process.

The Parish Annual Meeting will be held on January 31 after

a single service at 9 a.m. Please plan to attend and

participate by voice and vote in shaping our life together

in 2016.

I would like to thank our administrative assistant, Ellen, for

the long hours she put in during the holidays in keeping us

on track with all the activities and services. I know you

agree that she is an amazing gift to us all! We are also so

greatly blessed in having the Reverend Joan Phelps with us

to lead us in worship and study. Thank you, Mother Joan,

From the Warden’s Desk

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Volume 10 Issue 11 THE NET Page 3

Warden’s Desk, cont’d

for serving us so well during these past months and for going well beyond the normal

duties of a supply priest.

And now…let us walk prayerfully and full of hope into the new year.

Respectfully submitted,

Dorothy Sieburg,

Senior Warden

Junior Warden’s Report

A few weeks ago, we had an issue with a leaky pipe in the men’s restroom on the third

level of the Seabury Center. The leak obviously continued for several days without being

spotted or reported. The water went through the floor, causing damage to the ceiling

tiles in the parish office above the printer and computer. We were lucky this time that the

printer and computer were not damaged.

Situations such as this are often overlooked, leaving the church to pay for costly repairs

that could have easily been avoided.

It is up to all of us at St. James to be aware of the surroundings in our church buildings.

Leaky faucets, windows and doors left open or unlocked, light fixtures that are not working

properly are just a few examples of things we need to

question and report!

Let’s keep St. James secure and well maintained.

Contact your wardens, vestry members, or the parish

office if you suspect of any unusual occurrences in or

around the church property.

Remember, if you see something—say something!

Respectfully submitted,

Lori Sarkett,

Junior Warden

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Page 4 THE NET Volume 10 Issue 11

Parish Committee Reports Due

It’s that time again — time for committee and activity chairs to produce their annual reports

in preparation for the Annual Parish Meeting. While there’s never a lack of activity in the

parish office, we hope to schedule the work we need to do — to complete and compile

the report — between the holiday rush and the February issue of The NET.

Therefore, all reports are due in the parish office by Wednesday, January 13. Any

submissions not received by that date will not be in the report.

The following is a canonical (“legal”)

description of a member in good standing:

· Be baptized,

· Be at least 16 years of age,

· Be faithful in corporate worship,

· Have received communion at least three

times during the preceding year,

· Have contributed to the financial well-

being of the congregation.

Only members in “good standing” will be

eligible to vote for our new officers; however

all are invited to attend, become more

informed about the life of St. James, and

prepare yourself to more fully participate in

the life of the St. James parish family.

Please plan on joining us that day—it’s

important (and there’s no such thing as an

“absentee ballot”!).

Sunday, January 31, 2016, St. James will hold

its Annual Parish Meeting. There will only be

only one service that day, at 9 a.m., so that

we may all gather together as a single

parish family and transact the “business” of

our parish.

That day, immediately following the service,

parish financials will be presented, an

annual report of the various committees

and ministries of St. James will be distributed,

and new officers of the parish will be

elected by members in good standing.

Annual Parish Meeting

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Volume 10 Issue 11 THE NET Page 5

To The Anglican Singers for their December participation and leadership at the Advent

Lessons and Carols service.

To Jerry Miller and the budget committee who developed a budget supporting our ministries

in 2016.

To Stephanie Brandon and the stewardship committee for calling us to support God’s work in

our neighborhood and world.

To all who helped “green” our church for Christmas.

To Jean Rogers for another year recording and coordinating our White Envelope Program.

To our musicians for the beautiful music they created and for their leadership this holiday

season.

To the altar guild for their hard work—the church was lovely this Christmas season.

To Beverly and Fred Driscoll and all who helped hosting a wonderful wassail party after the

greening of the church.

To Sue Chojnacki, Beverly Driscoll, Ginny Harper, Edna Miskell, and Barbara Skinner for

assisting Ellen in the parish office with all the added clerical duties during the Christmas

season.

To Sue Chojnacki, Barbara Skinner, Lori Sarkett, and Theresa Bokoff for sorting, coordinating,

and delivering our collection of hats, mittens, gloves, and scarves to needy New London area

children.

To Barbara Harry and Bruce Skinner for sorting, wrapping, and delivering our collection of

socks for the Homeless Hospitality Center guests for Christmas.

To all who participated in our holiday outreach projects: Christmas tree of giving for our

adopted families and socks for the Homeless Hospitality Center guests. To Grace Barnum,

Deanna Bossdorf, and Pat King for coordinating, organizing, and wrapping the gifts.

To all who helped deliver Christmas poinsettia plants to our parish family members who are

homebound or in healthcare facilities.

To our wardens , executive committee, and vestry members for their hard work and

dedication in leading us during this transition.

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Page 6 THE NET Volume 10 Issue 11

The Supper Group of St. James Join us for fun, food and fellowship!!!

Come join the fun! Been thinking about it? Now’s the time!

Next Gathering: Friday, January 29 – 6:00 p.m.

Where: Tony D’s Restaurant, 92 Huntington Street, New London

Who: All of us who enjoy spending a fun evening with new and old friends.

Sign-up Deadline: Wednesday, January 27 RSVP (name, # attending, and if you would like a ride) by contacting Lori Sarkett 860.701.0481 or Ellen in the parish office 860.443.4989. Rides are available and encouraged.

St. James to host MLK service

Again this year, St. James has

been asked to be the site of

the region’s annual Martin

Luther King Memorial Service.

This service is hosted by the

Martin Luther King Scholarship

Trust Fund and presents those

selected from area high

schools to be the 2016 MLK

scholars.

The service will be Sunday,

January 17 at 3:00 p.m. in the

church. A reception will

follow in the parish hall.

Please join in with welcoming

the many visitors, and

celebrating both the Martin

Luther King, Jr. holiday and

the students honored.

Trinity Institute is an annual

theological conference hosted

by Trinity Church, Wall Street, for

clergy and lay leaders.

This year’s conference, “TI2016:

Listen for a Change,” focuses

on racial justice and will be held

January 21 –23, 2016. TI2016 is

for anyone who is “interested in

a theological perspective on

racial justice and a fuller

understanding of present realities and

ways to transform them.”

Presiding Bishop Michael Curry will be

one of the key presenters.

St. Mark's in Mystic will serve as our

registered local site for livestreaming the

conference.

Register online at www.episopalct.org.

Trinity Institute 2016

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Volume 10 Issue 11 THE NET Page 7

1 Jan Dargel

2 Ruth McGraw

2 Scott Wardwell

3 William Weisert

5 Gertrude Ott

5 Kelly Dunning-Vazquez

5 Sean Dunning-Vazquez

6 Myrna Fulton

7 Carla Woodward

7 Edward Rae

10 Ann Burdick

13 Alicia Todman-Hernas

18 Alma Dunning

21 Binty Brown

22 Florence Bath

22 Emily Hess

23 Bruce Skinner

28 Bernice Kydd

28 Mary Beth Forshaw

29 Chrystine Booth-Williams

January Birthdays The names on this list reflect the information as recorded in the church database. Is your

name (or a family member’s name) missing? If so, please contact the church office and provide

us with the accurate information!

From our new Interim Organist/Choirmaster

Dear Friends,

As I was enjoying the beginning of my retirement, I got the email

from Dorothy Sieburg about the impending departure of Andrew Howell,

your Organist/Choirmaster.

I have very fond memories of St. James from my service here 1998-2005. With a lot of

prayer, I decided to accept the position of Interim Organist/Choirmaster starting January

2016. I met with the Vestry and Travis gave me the current Choir list. It is very pleasant to

see many familiar names and see old friends and meet new ones.

If you are interested in singing with the choir or have any question about the music ministry

at St. James, please feel free to email me [email protected] or call me

at 860-739-6069.

I look forward to serving St. James with you in this time of transition.

Sincerely,

Violeta

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Page 8 THE NET Volume 10 Issue 11

The Anglican Singers and The RSCM Choir of Calvary Church, Stonington

Epiphany Evensong at St. James

Sunday, January 31, 2016

5:00 p.m.

Please join us on Sunday, January 31, for a special Choral Evensong: The Anglican Singers

will be joined by the Royal School of Church Music choir from Calvary Church in Stonington,

CT. The soprano and alto parts in this choir, founded and conducted by Joseph Ripka, are

largely sung by talented boys and girls, in the tradition of the great cathedrals of England.

The Calvary Choir will be traveling to the UK this summer, for residencies in England and

Scotland. January’s service will feature works by Peter Cornelius, Francis Jackson and (our

favorite!) Herbert Howells.

Once more, we’ve managed to avoid scheduling an Evensong on Super Bowl Sunday

(formerly a peculiar custom of The Anglican Singers), so plan to join the combined choirs

after the service, at a reception in the parish hall. It’s a relaxed opportunity to sample the

Singers’ culinary specialties, enjoy a glass of wine, and chat with the choristers.

Please join us on January 31 for this unusual musical offering—you won’t want to miss the

chance to hear all these voices combined in music and praise!

Respectfully submitted,

Katherine Brighty,

Secretary, The Anglican Singers

This year, our annual Silent Movie Night evening will be held on

Sunday, March 13, at 7:00 p.m. in the church. We are fortunate

to have Robert Humphreville with us again on the organ. Details

to follow in upcoming editions of The Net and Sunday

announcements.

Mark your calendars

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Volume 10 Issue 11 THE NET Page 9

Thank you so much for all the wonderful

hats, scarves, and mittens! We were able to

deliver 300 sets to the local elementary

school, Covenant Shelter, and to our

Christmas adopted families. At each of the

schools we were welcomed with excited

smiles and warm reception of our

donations. A special thanks to the

knitters! Ninety percent of the hats were

knitted! We are already starting our

collection for next year. If you knit or

purchase some items when they go on

sale and want to give them to us early, we

will gladly accept them. Your thoughtfulness

is deeply appreciated and keeps a child

warm.

Respectfully submitted,

Sue Chojnacki, Chair

Theresa Bokoff

Barbara Skinner

Hats, Mittens, Gloves, and Scarves Results

Outreach Ministries

Christmas Giving Tree

To the members’ and friends of St. James parish. Once again, we are

very grateful for your generous response to the Christmas Giving Tree

program. We not only fulfilled the wishes of our five adopted families, we

were also able to support three additional families in need. We also

supplied Christmas dinners to the families we helped.

Merry Christmas and thank you!!!!

This holiday season, we received donations of 201 pairs of new white socks

for the Homeless Hospitality Center Shelter guests.

Sixty-seven guests each received three pairs of wrapped, white socks on

Christmas morning.

Thank you to all who participated in this valuable Christmas outreach project.

Socks for HHC Update

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Page 10 THE NET Volume 10 Issue 11

Outreach Project for January and February

It’s that time of year — when we begin our collection for the Covenant Shelter. We need

to provide coffee for the residents of the shelter. We collect coffee, tea, hot chocolate,

sugar and sugar substitute, non-dairy creamer, and juice boxes for the children residing

there. Your donations may be brought to church any Sunday, or during the week you may

bring them to the parish office during office hours.

TO ENSURE DONATIONS GO TO THE RIGHT PLACE,

PLEASE CLEARLY MARK YOUR DONATIONS

“FOR COVENANT SHELTER”

Mentors needed Put your experience, knowledge, and interests to work mentoring children in

New London and Waterford schools. Looking for seniors (ages 55+) to help

make a difference! No experience necessary, small stipend and insurance

provided, flexible days/times. Make a positive impact in a child’s life!

Contact Jennifer Johnson at 860.425.6615 or [email protected]. Please visit

our website: www.tvcca.org.

St. James Quilters

This group of church members and friends welcomes anyone who

likes to sew or make things by hand.

Our task is to make quilts for children at the nearby Covenant

Shelter, a temporary home for local at-risk families.

The quilts are fun to put together, we have all the necessary

supplies at hand, and we will happily show you how. We have

made 21 quilts this past year.

We meet from 10:00 a.m.—2:00 p.m., every second and fourth Thursday of the month,

September through June. Come and join us anytime, or just visit and see what we do.

Respectfully submitted,

St. James Quilters

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Volume 10 Issue 11 THE NET Page 11

Vestry’s Stewardship Statement The Episcopal Church teaches the biblical tithe as the standard of stewardship. The Vestry

of St. James believe that they and all parishioners strive to understand and meet that goal

as they personally are able. Adopted by the Vestry,

November 15, 2004

December was a booming month for us

with Christmas sales. We will continue our

collection of Christmas items for a few more

weeks before storing them for next year.

Christmas gifts were provided to staff and

youth acolytes, and we will soon be

meeting to make additional charitable

contributions to missions.

We are now accepting winter clothing,

jewelry, kitchen pans and utensils, towels,

and household linens. Be sure to bring any

donations during the hours of 10:00 a.m. to

1:00 p.m. on Tuesday and Saturdays only.

Please do not drop off donations of the

Jumble Shoppe door or parish office door.

If the above times do not work for you,

please contact Ellen in the parish office to

coordinate a drop-off time with one of the

Jumble Shoppe volunteers.

Happy New Year from the Jumble Shoppe

volunteers!

The vestry met December 1, 2015. Highlights of the meeting included: (1) update on the

status of securing an interim rector (see senior warden’s report); (2) introduction of interim

organist/choirmaster, Violeta Chan-Scott, who expressed her delight to serve in this

position as long as needed until a permanent person is found. (Violeta will begin her

position in January, 2016.); (3) appointment as sexton of Dennis McCarthy, who has

begun his duties; (4) thanks to the Rev’d Joan Phelps for going beyond the duties of a

supply priest by making parishioner visits, attending staff meetings, and conducting an

Advent Adult Education class; (5) contract with Affordable Snow Removal for snow

removal and purchase of a snow blower with designated funds from the Lenten dinners;

(6) presentation of the 2016 budget with ratification to b made at the annual meeting on

January 31; (7) report from Jerry Miller that we have been approved to apply for a grant

for maintenance and repair from the Connecticut Trust for Historic Preservation [we

should hear in January if we are a recipient of the grant. The grant is a matching grant

up to $15,000 for interior plaster repairs, starting in the bell tower and extending to the

church proper (northwest corner) and Hallam Chapel].

Repectfully submitted,

Jan Dargel,

Parish Clerk

Vestry Notes

Jumble Shoppe

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Page 12 THE NET Volume 10 Issue 11

Stewardship

Thanks very much to the following parishioners who have returned their 2016 pledge sheets

to the church, as of January 4.

Ralph and Martha Anderson, Stephen and Patty Anderson, Florence Bath, Robert Kim and

Anne Bingham, Theresa Bokoff, Deanna Bossdorf, Arthur Boulanger, Stephanie Brandon,

Garrett and Victoria Brennan, John and Geraldine Brewster, Katherine Brighty, Reid and

Ann Burdick, Nina Butler, Ray and Mary Chartier, Walter and Sue Chojnacki, Thomas Clark

and Judy Benson, Maryjane Connell, Jan Dargel, Joanna Delancy, Carol Dooley, David

and Deborah Downes, Kristine Drew, Alma Dunning, Linda Duplessis, Shirley Evans, Andrea

Griffin, Dean Hantzopoulos, Virginia Harper, Mary Ellen Harris, Barbara Harry, Peter and Joy

Hewitt, Arlene Hislop, Steven and Mary Hulme, Steven and Awo Hurley, Edward Janusz,

Grace Jones, Joan Jones, Charles and Janet Kepner, Gary Koczera, Henry and Rose Kydd,

John MacLeod, Effie McCarthy, Carol McCoy, Gerald and Kathryn Miller, Edna Miskell,

Margaret Murallo, Barbara Nagy, Stephen and Marilyn Percy, Alma Peterson, Evelyn

Peyton, Marcia Pierce, William Rae and Emma Palzere-Rae, Charles Reyburn, Greg Rice,

Edwin Roberts, Joan Robinson, Jean Rogers, Scott and Catherine Rottinghaus, Carlton and

Sheila Saari, Lori Sarkett, Barbara Sherman, James and Carole Shores, William and Dorothy

Sieberg, Caleb Sieberg, Beverly Skeffington, Bruce and Barbara Skinner, Frederic Smith,

Peter and Mary-Jane Stanley, Ronald and Roxanne Steed, Nicholas Streeter, Diane Theis,

Paul Thomson, Thomas and Nancy Vogel, Ethelyn Wardwell, Robert and Barbara Welsh,

Mary White, Marianna Wilcox, Carla Woodward.

* 2016 amounts as of 1/4/2016

We would like to get all pledges collected as soon as possible so that our budget

committee has sufficient information and planning time to fashion a responsible and well-

targeted financial plan for the upcoming year. It’s not too late, of course, to turn in your

pledge for 2016 so that St. James may continue its traditions of worship and service to the

community. Together, with God’s grace, we can make a difference!

Stewardship History at St. James

2016* 2015 2014 2013 2012

Pledging

House-

holds

80

114

113

112

120

Pledge

Amount

$150,272

$196,607

$208,549

$211,146

$217,373

Average

Pledge

$1,878

$1,725

$1,846

$1,885

$1,811

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Volume 10 Issue 11 THE NET Page 13

Each Sunday (except during Lent) we adorn the altar with flowers, light a sanctuary candle,

and consume bread and wine. The altar guild pays for these from gifts given by members,

family, and friends of St. James. If you would like to assist one week, an altar flower

donation is $45; sanctuary candle, $5; and communion wine or communion wafer, $10.

Your donation can be made as a memorial honoring someone deceased or as a thank-

offering to celebrate a birthday, anniversary, or other special event in your life. Contact the

parish office or an altar guild member for more information.

As always, more than one person can make their offering in any given week. If you’d like

more information, speak to any member of the altar guild or contact the parish office.

Some Giving Opportunities

Is your current pledge up to date?

Please make sure that your 2015

contributions are caught up as we

approach the busy new year.

Statements will be prepared and

distributed at the annual meeting

on January 31. Please let us know if

you have any questions regarding

your pledge/statements.

Have you pledged for 2016? If you

haven’t received a pledge card

you can speak with Stephanie

Brandon or David Downes or pick

one up at either entrance to the

church. The vestry and

stewardship committee ask you

to prayerfully consider the ways—

time, talent, and treasure—that

you can support St. James as it

seeks to do God’s work in our

community and the world.

Alma Peterson and Greg Rice

Pledge Secretaries

Pledge Update

United Thank Offering (UTO)

At this year’s All Saints Day Ingathering members of St

James Parish gave a total of $413. These gifts joined

many others to provide grants for essential programs

around the world.

Many thanks to all who were able to give this season.

Respectfully submitted,

Dean Hantzopoulos

U.T.O. Chair

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Page 14 THE NET Volume 10 Issue 11

Would you like prayers said for the health

of a loved one? Would you or someone

you know like prayer support

during a particularly

challenging time of life? Do

you want to offer special

thanks for a new grandchild

or other joyous event?

St. James Prayer Chain would

be happy to pray with you.

The group prays for the

people included in the

prayers of the people each

Sunday. We also pray for those who are

listed in our morning prayer journal found in

the front vestibule on Sundays. Please call

Prayer Chain Ministry

Grace Barnum (860.326.5447) to add name

(s). It is up to you how specific you make the

prayer request. You can

simply give us a name or

more information about

what they need prayers for,

as you see fit. The people in

the prayer chain keep the

information confidential.

You can also assist with this

ministry by speaking to

Grace Barnum. We ask you

to remember the people you

pray for daily, but how or when you pray is

up to you.

Lay Eucharistic Ministers

We are starting off the New Year with newly trained and licensed lay eucharistic ministers.

Thank you to Grace Barnum, Deanna Bossdorf, Walter Chojnacki, Mary Ellen Harris, Lori Sarkett, Carole

Shores, and Dorothy Sieburg for volunteering to be our lay eucharistic ministers.

Please notify the parish office of any persons desiring home communion.

Farewell dear friends …

Alice Belt

Dorothy Leib

Ralph Murallo

The Rev’d George Tompkins (Curate 1976-1978)

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Volume 10 Issue 11 THE NET Page 15

Parish Financials This report covers from January 1, 2015 through October 31, 2015.

Total Income:

Budgeted Amount: $229,583

Actual Amount: $216,018

Amount Actual is Under Budget: $ 13,565

The primary contributor to budget underrun is Pledge Income, which is $16,776 below the

budgeted amount.

Total Expenses:

Budgeted Amount: $338,169

Actual Amount: $286,123

Amount Actual is Under Budget: $ 52,046

The primary contributor to this expenditure underrun are Sexton Wage Expense, which is

$15,971 under budget, due to the extended illness of our Sexton, Gary Evans, and Liability

and Property Insurance, which is $26,239 under budget due to a rebate of $21,000 from the

Diocese due to lower insurance costs.

Net Ordinary Income:

Total Income: $216,018

Total Expenses: $286,123

Net Ordinary Income: -$ 70,105

Endowment Income Applied: $109,000

Net Income $ 38,895

Summary: Through October 31, 2015, we are $38,895 ahead of where we expected to be

based on our 2015 budget.

Investment Summary:

Balance 12/31/2014 $3,170,507

Balance 10/31/2015: $3,124,256

Total Value Change: $ 46,251

Withdrawal 5%: $ 109,000

Withdrawal Loan Payment: $ 72,000

Change Pre-Withdrawal: $ 134,749

Summary: Our pre-withdrawal investment value has increased by $134,749, about 4.2%,

through October 31, 2015. After factoring in the 5% withdrawal, in the first six payments of

our capital improvements loan, our investments are down $46,251, about 1.5% through

October 31.

Respectfully submitted,

Gerald F. Miller,

Treasurer

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