Cash Flow – Operating Fund as of 9/30/20
|Surplus/(Deficit) YTD:||$ 74,865||$ (4)|
Notes from the treasurer:
- Contributions are trailing 2019 and budget. This was expected with COVID.
- Committees in general are spending less than in 2019. We expect this to continue while church activities are occurring remotely and as we have asked committees to be mindful of spending.
- Personnel spending will start to increase with the associate pastor and music director positions filled.
- Cash flow remains good and net assets increased about $25k in September.