2024- 12-13 Budget 2025

Stewardship Committee
Bob Kent (Chair), Howrd Teruya (Vice and Secretary), Jean Miyasaki (Member, Teller Chair), Ranny Catingub (Member), Levi Catingub Sr., (Treasurer), James Honke (Member), Pastor Bong (Pastor).  

Meeting:  Saturday, December 14, 2024, 2pm

This link opens the 2025 Budget Proposal.  It is also posted below.   These are the following highlights and also mentioned under "comment". 
  1. The yellow left coloumn is for the 2025 budget requests.  Budgeted items will be posted against Tithes (General Receipts)
  2. Coloumn 2, lighter yellow, are designated funds.  Followed by "comment" that explains some budget request items and where the monies will be posted against.  All comments have followed the Financial Policies and Procedures of ver. 09/10/09, # 4 (Budget Formulation) and #6, (Designated Funds).  
  3. Cooperative Giving to SBC is kept to 15%
  4. These Items will be posted against a designated funds.  They are:  
    1. Item 112, Missions Ministry budgets for local outreach evants like feeding the homeless, water wednesday, 10/31, seafarers, candiis mission and philippine missions.   All items will be pulled out from designated D01 , "Outreach Program" and Endowment Fund.   
    2. Item 414 - Church Property Maintenance 2025 requests 30k that will cover church and parsonage parking lot resurface among other things.    For 2025, 10k is pulled from the budget but 20k will be pulled out from D14, Restoration (Buildling and Grounds)
  5. These Items have restricted funds from 2024 that is used for 2025.   
    1. 212.1 - Benevolence Fund (376.63)
    2. 224 - Flowers (686.37)
    3. 240 - Judgement House / Hallelujah Blast (407.75)
    4. 242 - Nursery Ministry (1,032.47)
    5. 251 - Stewardship Program (5.00)
    6. 336 - Associate Pastor (50.00)
  6. Unused Designated Funds are assigned to ministries and will follow stewardship guidline policies to request them. 
    1. D01, Outreach Program assigned to Missions
    2. D02, Food Pantry assigned to Missions
    3. D03, Initial Offering assigned to Stewardship
    4. D06, Royal Ambassadors assinged to Children
    5. D07, Abra assigned to Missions
    6. D08, Audit Expenses assigned to Stewardship
    7. D11, Property and Space assigned to Property and Space
    8. D12, Parsonage Solar Water Heater assigned to Property and Space
    9. D13, Use of Church Facilities autmatically reallocates by Treasurer but is assigned to Prop and Space
    10. D14, Restoration assigned to Property and Space
    11. D15, Landscaping assigned to Property and Space
    12. D16, Sanctuary AC assigned to Property and Space
    13. D17, Misc Offerings and Other Funds assigned to Stewardship
    14. D19, Transfers from Scholarships & Payments to recepients assigned to Scholarship / Stewardship
    15. D21, Apartment Ministry assigned to Property and Space
    16. D23, Cambodian Mission assigned to Mission
    17. D24, Philippine Mission assigned to Mission
    18. D27, Journal Entry to voide state checks, funds to General funds assigned to Stewardship
  7. On Personnel, the following are adjustments:
    1. Item 336 - Associate Pastor will be used to pay for Young Adult Specialist Chaplain Kyle McCool.  
    2. Bookkeeper will have line item assigned by the treasurer and will be used to pay for the bookkeeping services. 
    3. Item 330 - Church Secretary will be used to pay for staffing in secretarial work such as secrtary intern or any part time worker. 
  8. Financial Process - FlowChart
    1. Stewardship approves to ammend the process that all source documents will be forwarded to the bookkeeper which includes bank statements, teller tally sheets and statement reports from other ministries.   The policy should read:  "financial secretary / bookkeeper"


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