Rev__Exp_Board_-_September_2024.pdf
1Q Finance Summary FY2024-25
Three months into the fiscal year, both expenses and income reflect patterns typical of the beginning of a fiscal year. Rentals remain solid as the years begins as well.
Key Balances (as of December 31, 2024)
|
|
Sept 2024 |
Sept 2023 (last year) |
|
Net Operating Total YTD |
$74,679 |
$89,780 |
|
General Reserve Fund |
$31,782 |
$31,525 |
|
Strategic Initiative Fund |
$345,380 ($129,000 planned transfer for 24-25 budget) |
$198,423 ($116,000 planned transfer for 23-24 budget) |
|
Campus Needs Fund |
$116,668 |
$145,540 |
|
Truist Loan |
$51,676 |
$74,326 |
|
Minister’s Discretionary Fund |
$24,698 |
$30,201 |
|
Special Campaign Fund |
$140,000 |
n/a |
Please refer questions on financial details to the Lead Minister, Executive Minister or the Board Finance Advisory Committee.
(document by Daniel Trollinger, Executive Minister)
