wfn.org | Mission Budgets Responds to Need for Additional Funds

[PCUSA.NEWS@pcusa.org]

21-June-1997 
GA97132 
 
      Mission Budgets Responds to Need for Additional Funds 
 
SYRACUSE--Showing Remarkable good spirit at 7 a.m. on the final day of the 
Assembly, the Committee on Mission Budgets gathered to complete several 
last items of business.  While munching on bagels and crunching numbers, 
the committee heard a report from Nagy Tawfik of  Corporate and 
Administrative Services reported on the financial implications to the 
1997,1998, and 1999 mission budgets resulting from commissioner actions 
during this Assembly.   
 
    According to Tawfik, commissioner approval of five items had added 
$31,088 to the already approved 1997 mission budget of  $117,133,532, 
$176,507 to the approved 1998 budget of $116,532,644, and $179,103 to the 
approved 1999 budget of $117,442, 103.  Tawfik suggested that there were 
three ways in which additional funds might be generated to address the 
additonal budget demands:  incorporate the costs into the existing budget, 
increase revenue, or utilize reserve funds.   
 
   Committee moderator Kyung il "Ed" Ghymn, noted that the additional 
financial demand actually represented a very small percentage of the 
overall mission budgets. Frank Diaz, interim executive director of the 
General Assembly Council, cautioned the committee that while income from 
congregations had been good in 1996 and the prevailing spirit at the 
current Assembly had been positive, the feelings of the church can change 
quickly and urged the committee to be realistic in its income projections. 
Following further discussion, the Rev. D. Raye Jones of  Charleston-Atlanta 
Presbytery moved that additional funds needed for the 1997 budget be found 
in the approved budget, and the funds needed for 1998 and 1999 be taken 
from an existing line in both budgets, "programs to be determined by 
General Assembly Council."   
 
   Since the budgets provide $1.5 million for this line in 1998 and $2.5 
million in 1999, the committee believed it would not be placing severe 
constraints on the Council's ability to draw on the lines in the future. 
The motion passed unanimously.  
 
   Moderator Ghymn commended the committee for its work in identifying a 
"no hassle" way to respond to the need for identifying funds.   
 
Lee Beckhusen 

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