West Grove Presbyterian Church“Faithfully Facing God’s Exciting Future”

September 18, 2011

Current Income through August = $78KCurrent Expenses through August =$102KYear to Date Deficit = ($24K)

Manse rental starting Sept 1st $750/month

Main current expense categories Pastor $68K Staff $14K Utilities, Taxes & Insurance $32K Property maintenance $ 9K Mission $10K Other $ 9K

Total $142K

CE building roof $17,000 CE Step repair $21,000 Organ replace or Repairs $60,000 Central Vac, New flooring, Storage $12,000 Paint Sanctuary $15,000 Total $125,000

Stay with status quo on current expenses◦ Finance each capital need with its own fund drive◦ Finance capital needs with a single fund drive◦ Finance capital needs through current

endowment Attempt to endow both capital and portion

of current expenses Others