Kentucky Annual Conference 2014 Proposed Budget

2014 Proposed Budget Highlights CFA is recommending a $9,134,067 budget for 2014 which is a $134,067 (1.5%) increase from % increase in salaries for District Superintendents and Conference Directors and a 3% increase in salaries for remaining staff 4% increase for healthcare costs  25% of amount billed is for retiree healthcare costs

2014 Proposed Budget Highlights 0.6% increase in General Church and SEJ apportionments Budget reflects Louisville District Superintendent serving as Assistant to the Bishop, Elizabethtown DS serving as New Church Development Director and Corbin District Superintendent is serving as Superintendent for the Red Bird Missionary Conference

2014 Proposed Budget Highlights $117,162 increase in expenses for personnel costs associated with Treasurer’s Office related to the hiring of a controller and an added staff person The $134,067 will be funded through conference reserves and other sources of income outside of Our Mission Covenant

2013 – 2014 Changes in Budget Ministries$32,182 Personnel Costs$150,980 Operational Expenses-49,095 Change in Budget$134,067

2014 Proposed Budget Gen Church & SEJ2,470,868Line 1 NCD880,841Line 12 Connectional Ministries1,934,481Line 36 Board of Ordained Ministries425,300Line 145 Primary Task1,703,613Line 175 Stewardship1,545,214Line 199 Annual Conference173,750Line 231 Total9,134,067Line 246

2014 Proposed Budget General Church & SEJ Page 1, Line Actual2,345, Budget2,623, Budget2,454, Budget2,470,868 Difference 2014 v ,903 % Change 2014 v %

2014 Proposed Budget NCD Page 1, Line Actual809, Budget876, Budget878, Budget880,841 Difference 2014 v ,339 % Change 2014 v %

2014 Proposed Budget Connectional Ministries Page 1, Line Actual1,917, Budget1,878, Budget1,888, Budget1,934,481 Difference 2014 v ,493 % Change 2014 v %

2014 Proposed Budget Board of Ordained Ministries Page 3, Line Actual365, Budget411, Budget421, Budget425,300 Difference 2014 v ,030 % Change 2014 v %

2014 Proposed Budget Primary Task Team Page 3, Line Actual1,584, Budget1,645, Budget1,697, Budget1,703,613 Difference 2014 v ,864 % Change 2014 v %

2014 Proposed Budget Stewardship Team Page 4, Line Actual1,400, Budget1,390, Budget1,427, Budget1,545,214 Difference 2014 v ,662 % Change 2014 v %

2014 Proposed Budget Annual Conference Session Page 4, Line Actual163, Budget173, Budget173, Budget173,750 Difference 2014 v % Change 2014 v %

2014 Proposed Budget Conference Contingency Page 5, Line Actual1, Budget Budget57, Budget0 Difference 2014 v ,225 % Change 2014 v %

2014 Proposed Budget Total Budget Page 5, Line Actual8,587, Budget9,000, Budget9,000, Budget9,134,067 Difference 2014 v ,067 % Change 2014 v %

2014 Proposed Budget Total Budget Page 5, Lines 247 – Proposed Budget9,134,067 CFA Projected Income9,000,000 Funding from Other Sources134,067 Difference0

2014 Proposed Budget Gen Church & SEJ2,470,868Line 1 NCD880,841Line 12 Connectional Ministries1,934,481Line 36 Board of Ordained Ministries425,300Line 145 Primary Task1,703,613Line 175 Stewardship1,545,214Line 199 Annual Conference173,750Line 231 Total9,134,067Line 246