1. Treasurer’s Report St. Mark’s Episcopal Church
2015 Annual Parish Meeting

2. Sixth Conservative Year of Balanced Budgets

3. 2014 Operating Budget Highlights
Revenue Exceed Expenses by $84,000
• Pledge income significantly over budget $66,000
• Unbudgeted Food Bank rental income $14,000
• Salaries below budget due to staff departures $40,000
• All other receipts/expenses ($35,000)
Uses
• $3,000 to establish Sabbatical Expense Reserve
• $10,000 donation to SMC Outreach Fund
• $10,000 to seed new rectory/Ministry Center maintenance reserve fund
• $61,800 balance credited to reserve funds

4. 2014 Major Fund Activity Rectory Fund Outreach Fund General Reserve
January 1 Balance $ 867,200 $45,000 $110,500
Receipts
Grant from SMC $10,000
Endowment Draw $3,500
May Fair Proceeds $90,000
Interest Income $1, $1,000
Disbursements
Outreach Grant to St. Mark’s $60,000
Outreach Grants   $46,000
December 31 Balance $868,400 $43,000 $110,500
*Rectory Fund excludes $400,000 loan for church roof

5. General Endowment Fund
$3,068,100
$3,207,300
$2,557,800
$2,233,600
$1,620,700
$424,000
$64,800
$86,250
$102,300
$116,000
$29,200
$77,000

6. It Is Time To Start Over Again

7. 2015 Projected Income
3.4%
12.1%
2.1%
3.2%
79.2%

8. Supporting a Growing Church
4.3%
7.3%
2.5%
2.7%
0.5%
2.2%
13.8%
8.1%
58.6%
Increase Over 2014
Health Insurance
Fill Vacant Clergy Position
Full Year Church School Director
Salary Increase

9. What we do with these gifts
Who we are, what we are,
and what we possess
are all gifts from God.
What we do with these gifts
is our gift back to God.

10. Our Gift Back to God Complete a 2015 Pledge Card
Consider Increasing Your 2015
Every Counts

11. Thank You For Your Support!