Thursday 24 November 2011

The challenge of church finances

In these challenging economic times I have been watching the family finances quite closely, especially as Christmas approaches. I have also been watching the church finances. Thankfully, we have a fantastic Finance Team who are highly skilled and dedicated. Marc Barnett has been brilliant with his monthly financial reports. On Saturday however we needed to meet (for 3 hours) as trustees as the church financial position has become increasing one for concern.
In view of giving being 15% down (and the number of regular giving units dropping) and a present £3k per month deficit we had to make some hard decisions, especially in view of the amount owed on the new building. So in response, as with family finances, budgets are cut, spending restricted and savings made anywhere possible (including stationary and photocopying!).
I am comforted that we are not alone - Newfrontiers has seen its income fall by 15%. Other churches too, especially those with building projects, are feeling the financial squeeze
Let's be diligent but also generous and giving in times of economic challenge. After all, we are called to "live by faith not sight" and reminded that "God loves a cheerful giver".

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