Ascension Evangelical Lutheran Church
~2015 Annual Congregational Meeting~
January 25, 201511:00 am
(Childcare for children of all ages.)
~2015 Annual Congregational Meeting~
CALL TO ORDER
Gretchen Rockafellow,Congregational Council
President
~2015 Annual Congregational Meeting~
Opening Devotion
Pastor Terri Driver-Bishop,Interim Pastor
~ 2015 Annual Congregational Meeting~
Approval of 2014 Annual Congregational Meeting
Minutes
2015 Annual Congregational Meeting
Introduction of Council Nominees
Rob DeMuth, Nominating Committee Chair
~2015 Annual Congregational Meeting~
Election of 2015 Congregational
Council MembersPlease vote for 4 nominees .
~2015 Annual Congregational Meeting~
President’s Report
PASTORS’ REPORT
~2015 Annual Congregational Meeting~
~2015 Annual Congregational Meeting~
Staff Reports
~2015 Annual Congregational Meeting~
Annual Reports of Committees
2015 Annual Congregational Meeting
2014 Financial Recapand
2015 Budget
Jane Anthon – TreasurerRoger Fiery – Chair, Finance Committee
2015 Annual Congregational Meeting
2014 Recap
~2015 Annual Congregational Meeting~
2014 Recap
Results vs. Budget
Highlights Total income was as expected, aided by non-recurring income of
$5,000
Excess property expense of $15,000 was offset by less than anticipated personnel costs ($8,000) and savings in all other expenses
Actual
Budget Variance
Total income (offerings & all other)
$664,000 $663,000 $ 1,000
Total expenses 663,000 661,000 (2,000)
Surplus $ 1,000 $ 2,000 $(1,000)
~2015 Annual Congregational Meeting~
2014 Recap
Year-End Cash Position General fund cash - $282,000, which is similar to recent years
All of this amount is “unrestricted” (can be spent for the operations of the church)
~2015 Annual Congregational Meeting~
2014 Recap
FaithLift
Mortgage (payments continue until 2032)
Balance at End of 2013 $245,000
2014 Contributions 109,000
2014 Mortgage Payments (P and I) -107,000
Balance at End of 2014 $247,000
Principal Balance at End of 2013 $1,278,000
Scheduled Principal Payments -48,000
Additional Principal Payments -5,000
Principal Balance at End of 2014 $1,225,000
~2015 Annual Congregational Meeting~
2014 RecapOffering and Expense Pattern
$- $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000 $90,000
$100,000
2014 Offering vs Expenses By Month
Offering Expense
$-
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
2014 Cumulative Offering vs Expenses
Offering YTD Expenses YTD
2015 Annual Congregational Meeting
2015 Budget
2015 Annual Congregational Meeting
Finance Committee establishes protocols and guidelines
Committees submit budget amounts under multiple scenarios
Finance Committee establishes target income
Initial budget proposal developed and submitted to Council
Initial proposal refined based on actual results for 2014
Final budget approved by Council
TODAYVOTE OF CONGREGATION
2015 Budget Process
2015 Annual Congregational Meeting
Highlights of 2015 BudgetIncome – 2015 budgeted income based on 2014 actual (exclusive of non-recurring amount)
Personnel costs – reduction in personnel costs due to interim arrangements; offset by salary increases and higher health insurance costs
Property – funds earmarked for parish house roof repairs; provision for future capital items
Benevolences – unchanged from 2014
Other expenses – establishment of technology budget; costs related to transition and call processes
Ballot Vote for Proposed 2015 Budget
Please vote YES or NO for the proposed 2015
budget (includes both the General Operating Budget and the Nursery School Budget)
Yes_______ No_______
~2015 Annual Congregational Meeting~
Transition TeamDot Aldrich, Co-ChairJames Deriu, Co-ChairMichael BrownBetsy AmeyLisa McGill, Council LiaisonDonna MollenkopfKrissy Golden VentreRob DeMuth
2015 Annual Congregational Council
Results of Proposed 2015 Budget Ballot Vote
2015 Annual Congregational Meeting
Results of 2015 Congregational Council Election
~2015 Annual Congregational Meeting~
Closing Prayer
Pastor Alan Traher
PLEASE JOIN US FOR LUNCH IN THE GREAT HALL.
Thank You For Attending!