How much do you know about Reveille’s budget and how we meet our financial obligations? What financial challenges and opportunities do we face in the days ahead?
The “Overview of Church Finances” provides information to answer these and other questions. This presentation, developed by the Stewardship and Finance committees and delivered to adult Sunday School classes and church audiences in November 2009 and February 2010, grew out of the Cargill Feasibility Study conducted in summer 2009.
Nearly half of the respondents to the Cargill study indicated they did not know how Reveille meets its financial obligations. The "Overview of Church Finances" attempts to address that need and enhance the congregation’s understanding of Reveille’s budget, expenses, revenues and the critical role that our tithes and offerings play in the church’s financial health.
The short version: There is a growing deficit between our annual giving and the church’s operating budget. Over the past five years, Reveille’s endowment has been used to cover this deficit. The long-term goal is to increase annual giving to eliminate the deficit and fully cover the church’s operating budget. Demographic trends in Reveille’s membership show there is great potential to elevate our annual giving and meet this key need.