Dear friends,
St Mark's is facing financial challenges amidst the Global Depression and the growth of a new and exciting ministry in Yeoville. The bottom line is that we need to increase our fund base drastically - by about R8 500 a month - if we are to call a Minister. Your ideas on how we can supplement planned giving, cake sales and other iniatives would be most welcome.
The situation is spelled out in tomorrow's Sunday diary which the editorial team has included in this article for your convenience.
"ST MARK’S INCOME and EXPENDITURE Jan-Mar 2010
To 31 March 2009 To 31 March 2010
TOTAL INCOME 90,392.86 92,480.08
TOTAL EXPENDITURE 79,503.50 88,340.79
Profit as at 31 March: 10,889.36 4,139.29
Note: Income for Jan-Mar 2010 is up by just over 2%, compared with 2009, but Expenditure for the same period is up by over 11% and so far increases for salaries and electricity have not been taken into account. Salary increases will only take effect in April, and as well as the above, St Mark’s currently receives R2 500 per month from the Ministry Committee towards Solomon’s stipend.
There have also been effectively no motor car expenses. A permanent minister will immediately increase expenditure by a minimum of R6 000pm when the Min Comm contribution falls away & Medical Aid, Pension, motor car costs begin, so we must aim at least for an increase in income of approx R8 500 per month."
Use the Comment button below to give you inputs.
Blessings,
The St Mark's Editorial Team.
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