Finance Committee Virtual Meeting
Monday at 6:00
Tomorrow morning I'll send out a link for a 6:00 Finance Committee Zoom meeting.
Pleas join us if you can.
This should be a quick meeting (my free Zoom membership is limited to 40 minutes).
We do want to connect to look at our financial picture and discuss what ideas we have moving forward.
Just a couple of pre-meeting notes:
Our conference is offering a "forgivable loan" to all member churches. It is a very simple loan application and I expect to complete it this coming week. It will likely provide Prospect with a forgivable loan in the neighborhood of $4500. if Prospect pays 100% of its conference apportionments over the next year, the entire loan will be forgiven. (Link below)
As always, we are working to keep expenses down...but will be covering Pastor Vonck's moving expense as she comes to lead the Prospect team. There will also be some parsonage related expenses during the transition (carpet cleaning, painting, etc.). We just need to be prepared for these expenses. (Likely to come at the same time as we receive the conference loan. So, hopefully, that will be a wash.)
Also, our Endowment Committee does have funds available to allocate in 2020, but these funds cannot be used for "normal operating expenses."
See you all tomorrow evening.
- Pastor Steve