The 2008 stewardship campaign has begun with the mailing of the commitment forms which coincides with the start of monthly Finance board meetings and establishing our 2008 budget.  The goal this year is receiving most, if not all, pledge commitments by October allowing the Finance board to prepare an accurate and complete budget.  In years past, the budget has been set before all pledges have been received.  Our primary objective is a balanced budget where revenues match or exceed anticipated expenses.

As we approach the budget process, several factors will influence the forecasted revenue needs for 2008, including:

• Capital Reserve – This fund is used to support capital projects to the Church building and grounds.  The Properties board has identified over $500,000 of projects that do not include un-anticipated projects such as removing asbestos from the basement after last September’s flood.  Our 2007 budget is $20,000 and we are targeting an increase to $50,000 in 2008 to more appropriately allow for future projects.
• Utilities – Since 2005 we have seen increases of 65% for natural gas and 15% for electricity
• Our new Director of Youth Services
• Church policy now requires background checks on all volunteers.

In an effort to meet these additional expenses and maintain financial stability we are requesting a 10% increase from existing pledges in 2008.  Additionally, we are seeking greater participation from members who have pledged in the past and from new members pledging for the first time.  We will work closely with the Stewardship board and we’re always available to answer any questions on the budget process.

It was pointed out to me recently that generosity is one of life’s privileges and we should not consider giving to our church as an obligation.  We are fortunate and blessed to live in this community with Glenview Community Church as our home.

On behalf of the entire Finance board, we welcome and encourage your feedback.  Please do not hesitate to contact any of us with questions or comments.

Steve Morgan
Chair, Finance board, 2007-08