2. The Diocesan Board of Finance THE BUDGET 2015

3. Funding of mission is, and always has been, a partnership between the parishes and the diocese. Parish ShareHistoric Income

5. The Budget 2015 the key feature of this budget is the investment above income to build front line ministry the extra investment is Two Million Pounds

6. STIPENDIARY PARISH CLERGY Clergy in Post Jan15117.75 Less Retirements in 2015 4.00 Less External Postings 5.00 Less Internal Postings 4.00 Planned Appointments 27.50 INCREASE IN PARISH CLERGY 14.50

7. THE SCHOOL OF THEOLOGY The Lincoln School of Theology was Validated by the University of Durham in April 2014. The School provides a steady stream of well- trained and enthusiastic ministers. The School aims to have an output of at least 10 priests and 15 readers per year by 2016

8. THE DEVELOPING DISCIPLESHIP PROGRAMME The DDP is currently being piloted in selected Mission Communities. The programme will be run in 50 Mission Communities during 2015 At least 100 Pilgrim courses will be run during 2015

9. THE UNIFORM EDUCATION TRUST 143 Church Schools serving their communities through excellence, exploration and encouragement Funds in the Uniform Education Trust are managed by LDTBF to support the work of the DBE. These funds are shown in the DBE’s budget.

10. NOTE. Change Schedule 3 Line D14 to read £5,824,299 and delete the line above. Variance should read (£808,736)

14. WHAT ARE WE GETTING 14.5 Additional Stipendiary Clergy in parishes 8 new curates to give a total of 31 curates spread across the diocese. A reduction of £180,000 in administration costs The Discipleship Programme

15. THE WAY FORWARD increase in parish clergy refocus of diocesan funds to underpin frontline ministry development of mission communities delivery of the discipleship programme

17. THE MOTION That the Diocesan Synod approves the expenditure for 2015 as expressed in the budget.