Budget Development, 2020-2021 – Opportunity for Input
The Finance Committee will soon prepare a draft budget for the Board of Trustees. The budget will reflect our estimates of recurring costs, some discretionary changes such as salary increases, and will attach a list of all requested changes submitted to us. Our draft budget will reflect the Board’s guidance to keep it flat yet open to strategical priorities. As those of you who attended the midyear update learned, next year will have higher costs, primarily due to a full-time called minister, inflation and staff salaries. We have been stashing unanticipated income in a special account to help us meet
Continue reading