Archive for category Finance

NSBC FY2011 Budget

Dear Church Family;

It is that time of year to consider North Side’s operating budget for the coming year. As we conclude fiscal year 2010, it will, as was 2009, be remembered as a financially challenging year that the Lord has brought us through in a remarkable way. In the midst of a national recession, He has continued to bless North Side.

We will conclude FY2010 about 1 to 1.5% below budget in contributions. However, contributions are running above the previous year levels. Additionally, expenses will come in around 98% of the budget.  Our Staff, Elders and Finance Committee continue to follow the conservative spending plan adopted last year and will continue under this plan until our economy recovers.

As a result, the recommended budget for FY2011 will remain the same at $2,194,010.00 as it was for FY2010.  A few brief comments:

  • We will continue to reduce administrative expenses to fund ministry and missions.
  • Debt retirement contribution to our loan payment will increase by approximately $8,000 per month beginning in December.
  • Contribution to the Cooperative Program will continue at 10% (a tithe) of undesignated contributions.
  • We continue to watch ministry related expenses and have made some reductions in the budget accordingly.
  • Children’s Ministry expenses dropped significantly as we moved Nursery Workers expense to Personnel category.
  • Personnel budget based on not filling three part time positions, salary adjustments and incorporating nursery workers and estimating an increase in health care costs.

Our Elders and Finance Committee members will be available for questions on Sunday, September 12th from 4:30PM to 5:30PM in the Green Room. We will have a congregational vote of affirmation on Sunday, September 26th in all three adult services.

Thank you for continuing to support the work the Lord is doing through North Side.

Your Elders:  Jeff Lethco, Mike Turner, Eric Bryant, Jerry Rentz, Jason Allen, Ken Petrus, Martin Ridgeway, Jamie Parler, Travis Agnew, Bill Horvath, Scott Davis, Mike Dawkins, Michael George, John McFadden

Finance Committee:  George West, Bryan McCall, Brian Whitaker, Wayne Behrendt

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Busyness…even in ministry.

Yes, even in ministry we can get too busy with the tasks that surround us. As I woke up this morning, these were some of the tasks that I needed to tackle:

  • Check on current health insurance rates,
  • Check with Janet on some payroll stuff,
  • Check with Ben on some monitors for FLC,
  • Follow up with vendor on sound panels for Worship Center,
  • Check with John on results of Chapel sound tests last night,
  • Make decision on health insurance,
  • Finish up budget presentation,
  • Approve this week’s checks,
  • Review my responsibilities in One Initiative,
  • Begin close out of August financial period,
  • Review year end spending needs,
  • Talk to Travis about One Initiative,
  • Talk to Jeff about Elders and Deacons,
  • Talk to Jamie about PLACE,
  • Talk to Cynthia about a Shelby report,
  • Talk to Janet about a couple of financial matters,
  • etc…

…and the list goes on and on. This is how I wake up each morning…with a long list of “to do’s”. I get some accomplished in the course of the day, some are pushed out till tomorrow and others are added to the list. It is more or less a continuous list.

However, today, instead of going to the office…

  • I had breakfast with an old friend and reconnected with him Checked on him to see how he was doing.
  • I went down to the hospital to spend some time with Rachel who was waiting during her husband’s surgery.
  • I went out to Piedmont Agency on Aging and shared a message with some dear friends on…loving God and loving people.
  • I took my friend David down to his house in South Greenwood to get his Bible.

Now it’s just past lunch time…how will I spend the rest of the day?

Tasks must be done…things must be placed in order…Paul told Titus that very thing. However, we can never loose sight of letting the busyness of life get in the way of loving God and loving people.

In Matthew 22, Jesus replied to the lawyer who was questioning Him on the greatest commandment…

Jesus said to him, “You shall love the LORD your God with all your heart, with all your soul, and with all your mind. This is the first and great commandment.  And the second is like it:  You shall love your neighbor as yourself.” Matt 22:37-39 (NKJV)

Hopefully, today…I can continue to be a little less busy with my task list.

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A Job Seeker’s Prayer…

Dear Heavenly Father,

I come before you, Dear Lord, at a time of trial in my life.  I am seeking honest work so that I may feed myself and my family and continue to meet my commitments to my church and those whom I may owe.

I earnestly pray that you will bless my efforts . . .

That you will give me the strength to continue when my effort seems futile,

That you will guide me in how I spend my time and my energies,

That my idle time will be spent productively, and as a time to come closer to you, Lord, and not a time for temptation to seep into my thoughts and deeds.

That each resume I send out, each phone call I make, each interview I have will be blessed by you.  That you will be by my side and direct my hand, my words, and my actions.

I pray that you will place godly people in my path that can help me, encourage me, and direct my path.

I pray that when I am blessed with choices in the workplace, I will make them in ways that will please you.  And when you provide the job that I so earnestly seek, I will work to the best of the abilities you have given me, so as to glorify you, dear Lord.

I pray that you will not let me suffer financial harm as I seek your will, and I pray that you will bless the efforts of others in similar situations that also look for work.  Help me, I pray, to be a good steward of what you have given me, spending wisely and sparingly in this season of my life.

I know that you have plans for me, not of harm but of peace, and I trust in you O’ Lord.  You are the source of my strength and all blessings.  I ask that you guide me now, in your will.

In Jesus holy name I pray. Amen

By: Ron Damer

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Church Budgets…interesting times…

Church Budgets…interesting times…

Boy oh boy…these sure are interesting times in our economy and trying to put a church budget together in the midst of so much economic uncertainty can really be interesting. Our staff, here at North Side, have been working through the details of our budget for several weeks. In fact, several weeks ago, we had a “budget work day”… fun stuff for me…not necessarily for the rest of the staff. It was interesting though and I might add…very productive!

As we looked towards next year at North Side, we realized that we had to look at the budget through several “lens”. We have:

  • Obligations – Things we are obligated to do.
  • Needs – Things we need to do.
  • Wants – Things we want to do.

We have a very large obligation here at North Side with the new Worship Center…which, by the way, is now three years old. We are moving to build our loan payment into our budget year by year as we end our current capital campaign. In 2012, we will fully fund our loan payments through our operating budget…much like a home mortgage payment.

We also have needs…things that we need to do for the ministries of North Side. It encompasses everything form office supplies… to ministry tools…to supporting local and international missions.

Finally, we also have wants…the things that would be nice to have…things that would be nice to do…all that, no doubt, are valid wants to enhance the ministries of North Side.

Well, I am pleased to say…we are almost there. What at one time looked like an insurmountable task is coming together rather nicely.

We will be proposing a budget that remains the same as last year and the prior year. After much prayer and discussion, it just doesn’t seem to make sense to increase the budget next year…more on that in an upcoming blog post.

We use a zero based budgeting approach here at North Side, so each person responsible for a portion of the budget starts at zero. The budget is built on obligations and needs. Wants are handled separately. Each line item is reviewed by the ministry leader and the department head and a budget request is submitted. When we all get in the room for our budget work day, we work through the entire budget…in essence, we all get on the same page. We add and we subtract. We give and we take. The result…a unified budget that the entire staff understands and supports.

You might ask how we handle the wants…we create a unified “wishlist” of those items. The we prioritize them as a staff. If funds become available, we then address the wishlist.

This stuff isn’t rocket science. It is God at work in His church. Several months ago, as we were heading into the budgeting process, I was a bit apprehensive…next year the same as this year and the same as last year? As I told Jeff a few minutes ago, sometimes, we need to just get out of the way…His way.

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My $10 Bicycle…

My $10 Bicycle…here it is…yup, I bought a bicycle for $10. The idea was to spend the least amount of money to get the most amount of exercise (besides the obvious free method of jogging or walking).

The bike had a few deficiencies…no chain, no chain guard, nor fenders…but it looked solid, rolled straight, had reasonable tires that were inflated…and a new paint job. So, I bought it…took it home and proceeded to look for a chain. Ever try to find a used bicycle chain? Almost impossible. I ended up buying a new chain…cost me $12.95…now I more than doubled the cost of the bicycle. But, I easily rationalized that it was OK because the chain is obviously the most important part of the bike and spending a little more on the chain was OK. Made sense to me. Well, now I have it installed and everything is working fine on my $23.95 bicycle.

Only now as I think about it….

  • I can only ride it during warm months wearing shorts…long pants would get caught in the rain.
  • I can only ride in daylight hours…no reflectors or lights…can’t spare the additional cost for these accessories.
  • I can only ride on dry days…no fenders to reflect any surface water.
  • I can only ride it in my neighborhood…I don’t really have the confidence in it to take it on the highway.

As I look at my bicycle now, I think maybe that $88.00 bicycle on special at Wal-Mart wasn’t such an extravagant purchase as initially thought.

It’s a silly story, but isn’t this so true of life? We look at something, see it and want it without weighing the total cost…we rationalize our purchase or commitment…then before you know it…you are committed and invested way over our head…can’t turn back now. This not only applies to out monetary purchases but also our time commitments as well.

Oh well, I hope that you got  a kick out of this little story about me and my $23.95 bicycle. Hopefully, it provided  just a little food for thought for you.

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Should I reduce my tithe?

This is a post by Dave Ramsey…great question and great response.

Dave Says – April 27, 2010

Should I reduce my tithe?

Dear Dave,
My husband and I are on Baby Step 2 of your plan, and we’re working hard to pay off all of our debt. We’re Christians, but would it be a good idea to decrease our traditional 10 to 15 percent tithe while we work through the debt snowball?
Janelle


Dear Janelle,
I’ve studied Scripture on this subject for about 20 years and taught in Christian settings. But I don’t want you to take my word as the final authority. What we’re about to get into comes from God, not some guy with a radio show, okay?

When you look up the Hebrew word “tithe,” it literally means tenth. Not 10 to 15 percent a tenth. The book of Deuteronomy says to give a tenth of your net increase. In Proverbs, it refers to the tithe as first fruits, off the top, before anything else. About 1,200 years of protestant Christian teaching has focused on the idea that the tithe goes to the local church, because it’s the New Testament representation of the Old Testament storehouse. The storehouse took care of the Levites, which were the priests or pastors and the widows and orphans. Today, the New Testament church in your community is supposed to use it for the same kinds of things: pastor’s salaries and helping people who are struggling.

Now, once we’ve said all that, the problem is that there’s enough toxicity in Christianity and twisted information that surrounds tithing to choke a horse! I want you to remember one thing, though. God doesn’t love you more just because you tithe more than the person sitting next to you. It’s not a salvation issue, either. We’re not going to get into performance-based legalism here. God thinks you’re cool! You’re his kid, and He’s going to love you even if you don’t tithe. But He knows what tithing does for us. It makes us focus on something other than ourselves. God doesn’t need your money, but He does want us to be loving and giving to the people around us.

I wouldn’t stop or reduce my tithe if I were in your situation. When I hit bottom 20 years ago, I tithed all the way into bankruptcy court and all the way out. Just please keep in mind that you shouldn’t do this because Dave Ramsey gave you a “rule.” It comes straight from God, and it’s a loving father’s instructions as to what’s best for his kids!
Dave

For more information on Dave Ramsey’s financial resources go to http://www.daveramsey.com

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Looking Up…

Looking up…I literally spent the entire last weekend looking up! I am one of those guys that loves to work with his hands…I like physical labor. It’s kind of freaky for a guy who spends so much of his time looking at numbers, reports, planning and so forth. Physical labor is a great stress relief for me. It requires me to take my mind off of a lot of things and just work. This past weekend, I spent some time working in our foyer installing a new ceiling. I did literally spend the entire time looking up!

As I was performing the physical labor, I also used the opportunity to look up to the Lord. I have been seeking some answers from God and used this time of physical activity to be a time of prayer…a conversation with God…seeking His leadership and giving me discernment on a couple of real big issues. It amazes me how our Lord works…when we cry out to Him…He responds to us.

As I completed my weekend project Sunday evening, I had an incredible peace about the issues that I had been so concerned with over the past couple of weeks. I knew exactly how I was going to respond to the issues at hand. What is so amazing was that the answers to my struggles came to me in a couple of different ways. First through a conversation with a coworker, friend and confidant. Second, through the Holy Spirit reminding me of the faithfulness and blessings of the Lord in my life and the life of our church.

You see, I realized that my focus was downward…on myself as I was trying to work through some problems. The truth is we must look up. Jesus, himself said…

“Come to Me, all you who labor and are heavy laden, and I will give you rest. Take My yoke upon you and learn from Me, for I am gentle and lowly in heart, and you will find rest for your souls.  For My yoke is easy and My burden is light.” Matt 11:28-30 (NKJV)

How about you? Are you looking up?

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How is Your Economy?

How is Your Economy? A pretty interesting question. Look closely…I didn’t ask you about THE economy, I asked you about YOUR economy. Here are some additional questions to spur you thinking:

1. Are you honoring God with your tithe?

2. Do your monthly bills exceed your monthly income?

3. Do you have an emergency fund?

4. Are you living from paycheck to paycheck?

5. Is you marriage affected by your financial situation?

6. Are you making minimum monthly payments on credit card debt?

7. Are you late on any of your payment obligations?

Quite honestly, we are living in a time of economic uncertainty. We are experiencing a the highest unemployment rate that our country has seen in decades. It is a time to prepare for the future, economically speaking.  So, how is YOUR economy?

If this blog post has spurred you to consider some adjustments, let me know… I would love to help you.

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A Life Changing Retreat…

A Life Changing Retreat…about 15 or 16 years ago I went on a Men’s retreat that changed my life forever. I was reminded of the retreat this morning as our Men’s Fraternity group met at 6:00am. Yes, that’s right…6:00am. In our session this morning, we talked about the need for men to have significant male friendships. I am naturally a kind of “loner”…it is more comfortable for me to be by myself and figure things out rather than develop deep male friendships and seek the counsel of others. But, now looking back…God had plans to change that in me some time ago.

That retreat changed my perspective on life completely. At the time, I did not know why I even went on the retreat. Quite honestly, as I look back, I did so to shut up the guy who invited me. He wouldn’t let me alone…every time I saw him, he would say, “Ken, you are going with us on the retreat aren’t you?” He would search me out on Sunday mornings, call me during the week…he even had the nerve to come by my office one time. I distinctly remember riding up to the lodge on Friday evening in the church van wondering why in the world was I going to this mens retreat thing and that I was going to miss my Saturday morning tee time with my buddies.

What started out to be a big event, turned out to be a small gathering of 10 guys who hung out with God and each other for the weekend. It was a time to get real with God and other men. I found out that other men were dealing with the same issues and struggles that I had been dealing with by myself for a long time.

Here are some things that I learned that weekend…

  • Life is not about me.
  • Life is all about God.
  • God can use anybody.
  • Men need other men in their life.
  • Male friendships can be built around something other than work or golf.
  • Our life experiences can help others.
  • We are not alone in this journey called life.
  • We do not have all the answers.
  • We do not need to have all the answers.
  • Sometimes we will never have the answer.
  • Transparency is a good thing…not a weakness.
  • God has a plan for our life.
  • We need to figure out what God’s plan for our life is and then act on it

I will share more in the coming days. However, as you can see by this list…it was a life changing retreat for me.

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Simplifying Christmas

Simplifying Christmas…Unusual times require unusual measures. No doubt you will agree that we are living in time of economic uncertainty. This Christmas may be just the time to make some major adjustments. Some thoughts on simplifying Christmas. This year, instead of going in debt and buying a bunch of presents, what if you…

  • Share Jesus with someone.
  • Tell someone that you love them through acts of service.
  • Show someone that you love them by actions not just words.
  • Give fewer gifts not more and tell them why.
  • Give someone your time…maybe it is your family.
  • Give someone your attention…maybe your spouse.
  • Serve someone unexpectedly without any expectations.
  • Give something that you already have/own and is of value to you.
  • Make something for someone…it can be very simple, but from the heart.
  • Love someone who does not feel loved.
  • Love someone who is not loved.
  • Tell your spouse that you love them.
  • Tell your children that you love them.
  • Tell your grandchildren that you love them.

Finally, give yourself to Jesus…through complete submission and obedience. It may be the best possible gift that you could ever give to your family.

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