To ensure that Congregational Giving is managed in an effective manner and to make certain that the goals of the church are being fulfilled, an Operating Budget is prepared annually by the Finance Committee and approved by the Administrative Board.
The Operating Budget is assembled based on input from the Staff and Committee Leaders by the Finance Committee and the Senior Pastor. Following the completion of the annual Every Member Commitment Campaign (EMC), which focuses on the congregational giving commitment for the upcoming year, an Operating Budget is prepared. It includes a statement of Revenue and Expense. The goal is to form a balanced budget where spending is aligned with pledge and expected revenue.
The budget is reviewed and approved at the first Administrative Board meeting of the year. Financial updates are provided periodically during the year to highlight current performance compared to the Operating Budget.
The following links will provide additional information of St. Paul’s Financial Performance: