http://acblog.nccumc.net A Future with Hope: Living for Jesus Mon, 19 Jul 2010 17:23:30 +0000 en hourly 1 http://wordpress.org/?v=3.0 http://acblog.nccumc.net/2009/06/17/new-2010-budget-adopted-at-end-of-conference/ http://acblog.nccumc.net/2009/06/17/new-2010-budget-adopted-at-end-of-conference/#comments Wed, 17 Jun 2009 22:22:56 +0000 Taylor Mills http://acblog.nccumc.net/2009/06/17/new-2010-budget-adopted-at-end-of-conference/ Our Conference Committee on Finance and Administration presented a revised 2010 budget and a 2011 budget for the Conference. Usually, budgets are determined one year, raised the next year, and spent in the following year. While this is still the normal practice, unusual economic conditions have necessitated adjustments to the 2010 budget. Therefore, the Conference Council on Finance and Administration brought forth a budget with reductions totaling $367,409.
After considering the new 2010 budget, the Annual Conference body determined that the salaries of District Superintendents for 2010 should remain at the 2009 level of $100,388. This means that the total for the 2010 budget will be $19,590,427.
In addition, the Conference approved a 2011 budget of $20,276,199. This represents a 3.5% increase over the newly approved 2010 budget. The budget is brought to the Conference session by the Council on Finance and Administration in consultation with the Connectional Table.

]]> http://acblog.nccumc.net/2009/06/17/new-2010-budget-adopted-at-end-of-conference/feed/ 0 http://acblog.nccumc.net/2009/06/10/cff-brings-2011-and-2010-budget/ http://acblog.nccumc.net/2009/06/10/cff-brings-2011-and-2010-budget/#comments Thu, 11 Jun 2009 03:06:09 +0000 Taylor Mills http://acblog.nccumc.net/2009/06/10/cff-brings-2011-and-2010-budget/ The Committee on Finance and Administration (CF&A) proposed a newly revised 2010 Conference budget that generated discussion yesterday afternoon. In addition to the $367,409 of reductions reported in Wednesday’s The Saddlebag, the amount for the Minister’s Transition Fund (line 83) is recommended to be $0 because the Fund is now self-supported by its cumulative assets. This brings total proposed reductions for 2010 to $492,439.
A new formula was also proposed for calculating the salaries of District Superintendents in which their pay would be “the average of the top 25 pastors’ salaries in the Conference for the previous year,” in the words of the CF&A report. This would result in a 2010 salary of $102,902. Yet the Cabinet of District Superintendents has covenanted amongst themselves to give their salary increases to their various districts next year.
The 2010 budget is currently being raised in 2009. If the new budget is passed, the 2009 connectional giving (apportionments) will be recalculated and a credit will be applied to churches whose amounts change. A vote on the budget (Section I of the CF&A report) will be taken Saturday morning.

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