3 rd Qtr 2010- Treasurer’s Update 1.Initiative Update 2.Financial Update 3.Confidence! "If you have not been trustworthy in handling worldly wealth, who.

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Presentation transcript:

3 rd Qtr Treasurer’s Update 1.Initiative Update 2.Financial Update 3.Confidence! "If you have not been trustworthy in handling worldly wealth, who will trust you with true riches?" -Luke 16:11

2010 Initiatives – Update  Prayer!  Audit  Funded, RFP Responses received  Pre-Work underway- 3 parts: 1.Payroll Process Review - Done 2.Internal Controls Review – In progress 3.Balance Sheet Review - November  2011 Budget  Comprehensive Church Budget  Connect-Build-Go Breakdown  Worship Folder and Web Site Information

2. FINANCIAL UPDATE

Ministry Giving

Missions Giving

Go Farther Giving

Ministry Expenses

Cash Balance

Financial Confidence  Seek God’s will for Finances  Model Stewardship  Cut Expenses (50k)  Sold Assets (20K)  Establish Priorities  1 st –Fund Ministry (Goal: $1.467M)  2 nd -Emergency Fund (Goal: $250K)  3 rd -Maintenance Fund (Goal: $100K)  4 th -Debt retirement (Goal: $0)  Live in Confidence that God’s sovereign plan is in place at Central