1. Recommended 2015 General Fund Budget
Mount Zion Baptist Church
October 19, 2014
2015 General Fund Budget Recommendation

2. 2015 General Fund Budget Recommendation
Budget Projections
Receipts = Average Attendance X Average Giving per Attendee
Average AM Worship Attendance
10 Year Sliding Projection: 4.3% Growth for 2015
Average Giving Per Attendee
Remains flat
Economy Growing Slowly
Job Markets Remain Tight
October 19, 2014
2015 General Fund Budget Recommendation

3. 2015 General Fund Budget Recommendation
Challenges
Mortgage
Ministry Growth: Increasing Attendance Puts Pressure on Ministry Budgets
October 19, 2014
2015 General Fund Budget Recommendation

4. Extract From 10 Year Predictions
Attendance
Giving
2014
1318
$3,425,711
2015
1341
$3,482,435
Exceeded Attendance Projection for 2014
Achieving Giving Projection for 2014 will be very close
October 19, 2014
2015 General Fund Budget Recommendation

5. 2015 General Fund Budget Recommendation
Budget Guidance for 2015
Projection allows for 4.5% Growth
Fixed Items in Budget tied to General Fund Giving
Cooperative Program 12 %
Church Sponsored Missions 3%
Large Maintenance 1%
Capital Equipment Reserve: Normally 1%
2015 recommending 0%
Mortgage
Church Ministries, Operational Needs
Personnel Ministries
October 19, 2014
2015 General Fund Budget Recommendation

6. Recommended 2015 General Fund Budget:
Bottom Line Up Front
Recommended 2015 General Fund Budget:
Total
$3,482,435
Monthly
$290,203
Weekly
$66,970
Change
1.66%
October 19, 2014
2015 General Fund Budget Recommendation

7. Primary Changes in Budget
Mortgage: Increased $75K
Fixed Items: Increased $9K
Cooperative Program, Church Sponsored
Missions, and Large Maintenance Reserve
Audit: Increased $5K
Phone and Water: Increased $4.9K
Capital Equip Reserve: Decreased $34.3K
Church Ministries: Decreased $2.6K
October 19, 2013
2015 General Fund Budget Recommendation

8. 2015 General Fund Budget Recommendation
World Missions
2014
2015
Change
$462,780
$469,587
1.47%
12% of Undesignated Receipts to Cooperative Program
All Other Line Items remain unchanged
9/19/2018
2015 General Fund Budget Recommendation

9. 2015 General Fund Budget Recommendation
Direct Missions
2014
2015
Change
$120,441
$121,693
1.04%
3% of Undesignated Receipts to Church Sponsored Missions
CASA reduced $450.00
9/19/2018
2015 General Fund Budget Recommendation

10. 2015 General Fund Budget Recommendation
Personnel Ministries
2014
2015
Change
$1,347,678
$1,347,960
0.02%
9/19/2018
2015 General Fund Budget Recommendation

11. 2015 General Fund Budget Recommendation
Church Ministries
2014
2015
Change
$231,888
$229,325
-1.11%
Increased Students and Young Singles $4K
Decreased
Music Ministry $1.4K
Sports Activities $2.0K
Women on Mission $1.2K
Parish Nurse $2.0K
9/19/2018
2015 General Fund Budget Recommendation

12. 2015 General Fund Budget Recommendation
Support Ministries
2014
2015
Change
$23,317
$24,982
7.14%
Alabama Baptist Subscription increased $1,665 based on projected 2015 growth.
All other categories are unchanged
9/19/2018
2015 General Fund Budget Recommendation

13. 2015 General Fund Budget Recommendation
Operating Needs
2014
2015
Change
$161,700
$166,700
3.09%
Outside Audit $5K
9/19/2018
2015 General Fund Budget Recommendation

14. 2015 General Fund Budget Recommendation
Building and Grounds
2014
2015
Change
$1,033,404
$1,077,685
4.28%
Mortgage Biggest Hitter - $75K
Phone and Water $2.9K
Capital Equipment Reserve -$34K
9/19/2018
2015 General Fund Budget Recommendation

15. 2015 General Fund Budget Recommendation
Insurance Needs
2014
2015
Change
$44,502 0%
Based on Current Premiums
Buildings
Content
Workers Comp
Van/Bus Insurance
9/19/2018
2015 General Fund Budget Recommendation

16. 2015 General Fund Budget Recommendation
Bottom Line
2014
2015
Change
$3,
$3,482,435
1.66%
Rolling Ten Year Projected Receipts for 2015 is $3,551,530
9/19/2018
2015 General Fund Budget Recommendation

17. 2015 General Fund Budget Recommendation
Mount Zion Baptist Church Approve General Fund Budget of $3,482,435 for Fiscal Year 2015
9/19/2018
2015 General Fund Budget Recommendation