The Future of the Presbytery of Prospect Hill Three Options

FINANCIAL IMPLICATIONS Analysis Deficit budget will result in running out of money eventually Major spend: Salaries, Synod/GA per capita, Mission obligations Time to insolvency estimated with mission constant, per capita or equivalent held constant, 2008 membership numbers 3% increase in cost per year, and loss of 250 members per year

FINANCIAL IMPLICATIONS Expense Summary

FINANCIAL IMPLICATIONS Current Structure Presbytery of Prospect Hill Budget Worksheet 2008 Approved Budget 2008 Budget with updated estimates Total Revenues 336,268 Total Expenses 362, ,059 Net Income (26,491) (27,791) Presbytery membership Reported 8,549 Estimated 8,224 Metrics Administrative and Connectional Support 57% 58% Congregational Development and Care 4% Mission 39% 38% ReservesTotal 536,134 Amount over 1x budget 173, ,075

FINANCIAL IMPLICATIONS Three Proposals Budget Impact Current Structure No budget change Share staff with neighboring presbytery 1/2 office cost, full Com Coord/AA, 1/2 of 1/4 time stated clerk, 1/2 EP, 1/2 Associate Presbyter, same meeting/ Mission cost Missional Presbytery Model Option A: 80% office cost, full Com Coord/AA, 1/4 stated clerk, 1/2 EP equivalent, RCG funding, same Mission cost Option B: 80% office cost, full Com Coord/AA, 1/4 stated clerk, 1/2 EP equivalent, RCG funding, full Transition Associate, same Mission cost Option C: 80% office cost, full Communications/AA, 1/4 stated clerk, 1/2 EP equivalent, RCG funding, full Transition Associate, same Mission cost, increased per capita

FINANCIAL IMPLICATIONS Maintain Current Structure Shared Staff w/ NCIP Missional Structure Opt A 1/2 time EP Missional Structure Opt B Transition staff Missional Structure Opt C $15.75 to $28 Presb per capita Estimated Time to 1 yr reserve Estimated time to insolvency