budget consultation

Diocese of Bristol | Budget Consultations

Budget ConsultationOliver Home

Diocesan Secretary

Matthew Hall

Finance Manager


Purpose• Invite views and feedback

• Increase understanding

• Your input into the overall budget process


Timetable• Budget Consultations – July 2014• Initial budget to Diocesan Synod – 20 September• Budget Committee – 30 September• Approval by Bishop’s Council – 4 November• Final budget to Diocesan Synod – 6 December


Strategy 2010-15• High clergy turnover• Managing change • Reconfigure central support• Redistribute stipendiary deployment• Increase in new ministers


Strategy 2010-15• Anticipate initial reduction in Parish Share• Increase in non-Parish Share income• Meet transitional costs from reserves


The Diocese in numbers• 2 Bishops & 1 Archdeacon• 7 deaneries• 164 parishes• 204 churches• 30,000 regular attendees• 68 church schools• 210 clergy (incl.120 paid)• 33 staff in the Diocesan Office (some part-time)


Context• This budget covers the Bristol Diocesan Board of

Finance Ltd (BDBF)• The BDBF pays for clergy, their housing, training

& development• It also pays for training curates


Context• The BDBF pays for support services, including:

– Education, Higher Education, Vacancy Development, Ecumenical Officer, Archdeacon, DAC, Safeguarding, Communications, Finance and HR


The story so far…


Results for 2013Approved by Diocesan Synod

Income = £7,356k

Expenditure = £(7,550)k

Deficit = £(194)k

Mission Fund = £100k

Deficit = £(94)k


Results for 2013Actual results (excl. restricted)

Income = £7,356k £7,286k

Expenditure = £(7,550)k £(7,526k)

Deficit = £(194)k £(241k)

Mission Fund = £100k £100k

Deficit = £(94)k £(141k)


Expectations for 2014Approved by Diocesan Synod

Income = £7,403k


Deficit = £(271)k

Mission Fund = £100k

Deficit = £(171)k


Expectations for 2014Revised forecast

Income = £7,403k £7,253k

Expenditure = £(7,674)k £(7,652)

Deficit = £(271)k £(399)

Mission Fund = £100k £100k

Deficit = £(171)k £(299)


Looking ahead to 2015Initial budget forecast

Income = £7,276k


Deficit = £(636)k

Mission Fund = £0

Deficit = £(636)k


IncomeParish Share £5,015k

Local fee income £350k

Grants £955k

Charges £126k

Rental income £289k

Investment income £541k

TOTAL £7,276


Parish Share2009 £5.380m

2010 £5.389m

2011 £5.158m

2012 £5.100m

2013 £5.018m

2014 £5.013m (pledged)

2015 £5.015m (estimated)


Parish Share• Supports diocese-wide

mission

• Interdependency

• A radical idea?


Cuts made in 2014• ISR

• Strategy Support


DiscussionHow should we respond as a

Diocese to the anticipated deficit for 2015?


Strategy 2016-18• Listening to people’s vision and aspirations• What kind of leadership?• What kind of support?• Where do we generate and focus our resources?


DiscussionIn the longer term, where should

our focus be, as a Diocese, in deploying our resources and generating income?


Thank you


Parish Officer trainingSaturday 18 October

Sheldon School, Chippenham

9.30am to 3.45pm

budget consultation

Documents