1. Episcopal Diocese of San Diego 2015 Budget Process
Prepared by the Budget Committee December 6,2015
7/15/2019

2. Your Budget Committee Comes from Across The Diocese
Mike Collier
Holy Cross, Carlsbad
EDSD Standing Committee
Peter Mandery
Sr. Warden, St. Thomas,
Temecula
Kathy McClelland
Treasurer, St Steven’s, Menifee
Erin-Sacco-Pineda
Director of Finance, St. Paul’s
Cathedral
Tim Agnew (ex officio)
St. Andrew’s, Encinitas
Chair, EDSD Finance Committee
Julie Young
Diocesan Treasurer
Canon for Finance and Admin
Rev. Bill Zettinger
St. Bartholomew’s, Poway
EDSD Budget Committee Chair
Rev. Lane Hensley
St. Margaret’s, Palm Desert
Rector
Budget Committee
7/15/2019

3. What Assumptions Did We Make?
The Operating Budget must be balanced and support mission of the church
Committee on Congregational Operating Support was formed around Standing Committee members, past members of Vital Congregations Committee and Canon to the Ordinary
Budget Committee evaluated Ministry Requests
Congregational Property Improvement Requests evaluated by Property Committee
The Budget must include a contingency reserve
Must comply with Convention resolution of an increase of 10% year for The Episcopal Church
Budget reflects first full year of operations of the Episcopal Church Center
Outside the operating budget is a line item for new initiatives/R&D to be funded through unrestricted reserves
Budget Committee
7/15/2019

4. Summary Budget Process
Start
Start Up Tasks
Analysis of Current Budget & Available 2014 Resources
ID Activities That Should Be Funded & Our Challenges
Request Inputs
Ministries/Outreach
Block Grants
Mission Share Pledges A
Variances
Projections of I/E
Establish Ranges/Risks
Episcopate, Church Beyond our Diocese, Outreach and Ministry
Missions & Aided Parishes
Outreach Activities
Form Committee
Charter Approval by EC
Define Process/Schedule
Mission/Aided Parishes Grant Requests
Outreach and Ministry Grant requests
Budget Adjustments
Analysis of
Requests A
Notify Recipients
Finance Committee, EC Final (Jan)
Budget with Baseline
Assumptions To EC
Convention Approval
End
Budget Committee
7/15/2019

5. The Challenge
Budget Committee
7/15/2019

6. Baseline Income Assumptions
Mission share pledge are actual pledges received (average 10.4%)
Donations from the Bishop’s Appeal 9% greater than 2014 Actuals but 18% less than 2014 budget
5% payout long term; 2.5% for that invested in medium term funds
Some funding from Temp Restricted assets (2.1%)
Program and Ministry income includes donations and fees for specific programs and ministries, including Convention, and Clergy Conference
Operating reserve used for general convention expenses
Budget Committee
7/15/2019

7. Operating Budget Income Distribution
Budget Committee
7/15/2019

8. Expense Assumptions Episcopate expenses ( Non Personnel) reduced
Bishops Office personnel costs increase by 3% for insurance changes and targeted raises
Mission/Parish Operating Support Grant Requests reduced
Mission Area 4 to receive operating support grant allocated by congregations as needed
Funds held in “Mission Contingency” will be released upon finance committee review of requests )
Church Property Support increase from 2014; includes Holy Cross lease support
Outreach now includes Fearless Love Grants which are unchanged from 2014
No specific funding for Executive Council Committees
Programs and Ministries reviewed by Budget Committee and were reduced
Clergy Support maintained at a small level
Property Operating Expenses reviewed by finance committee
Apportionment to The Episcopal Church and Province - 10% increase (Now at$312,000). Final goal is 19% or suggested target giving . We are at 13%/2014
Episcopal Church Center (ECC) funded for full first year of operation
Safeguarding Gods people will not be funded – Now offered online at no cost
Mission Plan New Initiatives ( $100,000) from reserves and is not considered part of operating budget
Budget Committee
7/15/2019

9. Operating Budget Expense Distribution
Budget Committee
7/15/2019

10. Summary 2015 Budget
Budget Committee
7/15/2019