2020 Diocese of Huron Apportionment Budget Deanery Council

2020 Diocese of Huron Apportionment Budget Deanery Council Presentations 2020 Budget

Our Budget Mission Strategy To provide the resources needed to enable our diocese to live out the 5 Marks of Mission with the vision and directives of our strategic plan. 2

Why we are here……… The Diocesan Budget is our Budget 1 – To understand the budget and how we are advancing the Kingdom 2 – Education of the budget and what YOUR apportionment represents 3 – Interconnectedness 4 – Opportunity for input and opinions 3

Our budget process is…. n n the max. $ for the budget for the new year is a determined am’t: 25% of all church’s operat. costs. (A process from a motion of Council) The budget cmte. prepares the budget along this parameter, the A&F Cmte. approves the draft (Sept. ), Council receives FYI in Sept/Oct. The draft budget is presented to deanery councils for information and feedback. A&F Cmte. makes any further changes and presents draft budget to Diocesan Council in Dec. for approval. 4

This year’s 2020 budget is…… n n n Total oper. cost struct. of churches in 2018 is $12. 5 mill. (red’n of $484 k. ). With budget ceiling of 25% of $12. 5 mill. , our budget cannot exceed $3. 14 mill. The ceiling a red’n of $121 k. Expend. in 2020 are increasing ($60 k) the result of cost of salary, increased part-time pos. , inflation and Group Ben. Costs. Our own revenues to help source ministry are increasing $72 k, largely through trust income on increased capital from property sales 5

2020 Draft Budget Summary 2020 2019 $ change $3, 737, 358 $3, 677, 118 $60, 240 Revenues 707, 984 635, 633 72, 351 Apportionment Provision for shortfall 115, 000 120, 000 -5, 000 $3, 144, 374 $3, 161, 485 $-17, 111 Expenditures Total Apportionment Increase -0. 5% 0. 7% 6

2020 Expenditures will…… Increase by $60, 240: n Group Benefit costs +0. 75% or $17 k n Pension Contrib. reduced by $11 k. through lower 2018 apport. revenue. n Church House sal. costs incr. $29 k; new part-time Animator (Reconciliation) and 2% Cost-of-Living incr. n Bank Charges (preauth. vol. ) incr. $12 k. n Provision for Apport. Shortfall reduced $5 k. n Church Camp Grant increase $5 k. 7

2020 Revenue will……. Increase by $72, 351: n Increased ann. capital income from property sales of $97 k. n Potential Prior Year apport. revenue incr. of $9 k. n Reduced capital from trust withdrawal supporting loan of $34 k. 8

2020 Diocese of Huron Apportionment Budget n n The 2020 draft budget ($3. 14 M) for the diocese is reducing $17 k, or -0. 5% from 2019. - a red’n from 2017 budget of 6. 5% This 2020 budget red’n is within $7 k of our ceiling require’t by Council. 9

What does Apportionment represent? ? n n Of our whole budget apportioned, 26% of the total goes to Nat. and Prov. Church ($832 k) Church House Ministry Staffing (10 FT, 3 PT staff) who support diocese repress. 32% or $1. 0 mill. in budget (salaries, costs, pension. ) Clergy care, group benefits, pension and retiring gratuity for our clergy equals $942 k or 30%. These 3 categories comprise 88% of our apportionment budget. 10

Questions for you to help us: 1. 2. 3. What is good about the budget or appeals to you? Where is improvement or change needed? How would you like to see our process improve to be more informative? 11