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


