Overview: We ended the month of August with a deficit of $9,795.  Because of this we were not able to transfer (for the second consecutive month) $5,000 from our General Fund to our Building Fund.   The Finance Committee met on Thursday evening, September 6^th to look at our overall financial picture.   We are 68% of the way through 2018 and our expenses are running at 64%, and so expenses are not out of hand. The deficit is due to a decline in contributions of approximately $60,000 compared to last year at this time.   The Finance Committee is asking that ministries first contact the church office if looking to spend in excess of $500 during the month of September.

 GENERAL FUND

SUMMARY FOR THE MONTH

Balance August 1, 2018 = 4,716.48

August Contributions = 79,353.45

Weekly goal = 21, 501

August 5 = 18, 593               August 12 = 24,761

August 19 = 18,671             August 26 = 17,329

August Expenses = 93,865.85

Balance August 31, 2018 = (-9,795.92)

SUMMARY FOR THE YEAR (2018 Spending Plan)

Year To Date Goal = 731,068

Year To Date Actual = 666,639

Over/Under YTD Goal = (–64,699)

BUILDING FUND

Balance August 1, 2018 = 178,337.91

August Contributions = 2,034.92

Balance August 31, 2018 = 180,372.83

 SPECIAL ACTIVITES FUND

Balance August 1, 2018 = 232,689.29

August Income = 37,653.25

August Expenses = 12,577.55

Balance August 31, 2018 = 257,764.99

CONTINGENCY FUND

Balance August 1, 2018 = 159,079

2018 Gains = 660.00

August Expenses = 30,000 (Transfer to Special Activities Fund: Church Security)

Balance August 31, 2018 = 129,745

SPECIAL BENEVOLENT FUND

Balance January 1, 2018 = 287,856

2018 Gains = 6,810

Balance July 31, 2018 = 294,666