Approved 2011 Budget |
Lutheran Church of the Good Shepherd
Income and Expenses - Approved 2011 General Fund Budget
| Jan - Oct 10 | % of Budget | 2010 Budget | 2011 Budget | % Change | ||||||||||
| Income | ||||||||||||||
| 4000 · General Fund Income | ||||||||||||||
| 4000.01 · Envelope Giving GF | 238,745.75 | 73.9% | 323,000.00 | 300,000.00 | -7.1% | based on actual giving through Oct 2010 | ||||||||
| 4005.01 · Loose Collections GF | 3,666.86 | 61.1% | 6,000.00 | 5,000.00 | -16.7% | |||||||||
| 4015.01 · Wedding Fees GF | 200.00 | 20.0% | 1,000.00 | 1,000.00 | 0.0% | |||||||||
| 4020.01 · Building Rental GF | 5,465.00 | 136.6% | 4,000.00 | 6,000.00 | 50.0% | |||||||||
| 4025.01 · Interest Earned GF | 1,574.72 | 78.7% | 2,000.00 | 2,000.00 | 0.0% | current MIF interest rate is 1.2% | ||||||||
| 4030.01 · Misc/Other Giving GF | 243.00 | 24.3% | 1,000.00 | 1,000.00 | 0.0% | new Thrivent program called Choice Dollars | ||||||||
| 4035.01 · Reimbursed Expenses GF | 13.50 | offset corresponding Operating Expenses | ||||||||||||
| Total 4000 · General Fund Income | 249,908.83 | 74.2% | 337,000.00 | 315,000.00 | -6.5% | |||||||||
| Total Income | 249,908.83 | 74.2% | 337,000.00 | 315,000.00 | -6.5% | |||||||||
| Expense | ||||||||||||||
| 5000 · Benevolences | ||||||||||||||
| 5000.01 · Synod Mission Support | 8,448.66 | 74.1% | 11,400.00 | 11,340.00 | -0.5% | synod: 36% of total benevolence | ||||||||
| 5001.01 · Missionary Sponsorship | 2,112.59 | 74.1% | 2,850.00 | 2,835.00 | -0.5% | global: 9% of total benevolence | ||||||||
| 5030.01 · Rwanda Sister Parish | 1,053.94 | 74.0% | 1,425.00 | 1,575.00 | 10.5% | global: 5% of total benevolence | ||||||||
| 5034.01 · El Salvador Support | 0.0% | 950.00 | 945.00 | -0.5% | global: 3% of total benevolence | |||||||||
| 5032.01 · Jamaica Support | 0.0% | 950.00 | 945.00 | -0.5% | global: 3% of total benevolence | |||||||||
| 5015.01 · Iglesia El Buen Pastor | 2,816.89 | 74.1% | 3,800.00 | 3,622.50 | -4.7% | local: 11.5% of total benevolence | ||||||||
| 5010.01 · ELCA Conference | 90.00 | 94.7% | 95.00 | 157.50 | 65.8% | local: 0.5% of total benevolence | ||||||||
| 5023.01 · Dorothy's Place | 561.93 | 73.9% | 760.00 | 756.00 | -0.5% | social: 2.4% of total benevolence | ||||||||
| 5021.05 · Salvation Army | 561.93 | 73.9% | 760.00 | 724.50 | -4.7% | social: 2.3% of total benevolence | ||||||||
| 50xx.01 · Monterey Co. Food Bank | 0.0% | 724.50 | new | social: 2.3% of total benevolence | ||||||||||
| 5050.01 · Wheat Ridge Ministries | 561.93 | 73.9% | 760.00 | -100.0% | social: | |||||||||
| 5020.01 · Meals on Wheels | 526.97 | 74.0% | 712.50 | 661.50 | -7.2% | social: 2.1% of total benevolence | ||||||||
| 5022.01 · Sun Street Center | 352.13 | 74.1% | 475.00 | 472.50 | -0.5% | social: 1.5% of total benevolence | ||||||||
| 5011.01 · I Help | 252.83 | 59.1% | 427.50 | 441.00 | 3.2% | social: 1.4% of total benevolence | ||||||||
| 5003.01 · Mount Cross/LOM | 2,815.07 | 74.1% | 3,800.00 | 3,465.00 | -8.8% | youth: 11% of total benevolence | ||||||||
| 5046.01 · Boy Scouts | 250.83 | 58.7% | 427.50 | 409.50 | -4.2% | youth: 1.3% of total benevolence | ||||||||
| 5014.01 · Youth Encounter | 236.90 | 59.2% | 400.00 | 315.00 | -21.3% | youth: 1% of total benevolence | ||||||||
| 5007.01 · CSUMB Campus Ministry | 844.14 | 74.0% | 1,140.00 | 1,480.50 | 29.9% | education: 4.7% of total benevolence | ||||||||
| 5005.01 · Cal Lutheran University | 352.13 | 74.1% | 475.00 | 315.00 | -33.7% | education: 1% of total benevolence | ||||||||
| 5016.01 · Pacific Lutheran Seminary | 352.13 | 74.1% | 475.00 | 315.00 | -33.7% | education: 1% of total benevolence | ||||||||
| 5049.01 · Undesignated | 0.0% | 1,617.50 | 0.00 | -100.0% | use DF benevolence, if necessary | |||||||||
| Total 5000 · Benevolences | 22,191.00 | 65.8% | 33,700.00 | 31,500.00 | -6.5% | |||||||||
| Jan - Oct 10 | % of Budget | 2010 Budget | 2011 Budget | % Change | ||||||||||
| 5100 · Staff | ||||||||||||||
| 5101.01 · Called Pastor Salary/Housing | 0.0% | new | new call (TBD) | |||||||||||
| 5103.01 · Called Pastor ELCA Benefits | 0.0% | new | ||||||||||||
| 5105.01 · Int. Pastor Salary/Housing | 48,947.60 | 83.3% | 58,737.15 | 58,479.53 | -0.4% | assumes full year employment | ||||||||
| 5106.01 · Int. Pastor ELCA Benefits | 17,718.17 | 83.3% | 21,262.85 | 21,520.47 | 1.2% | $258 shifted from salary to ELCA benefits | ||||||||
| 5115.05 · Office Manager | 30,624.98 | 76.6% | 40,000.00 | 35,000.00 | -12.5% | reduced daily office hours from 8 to 7 | ||||||||
| 5115.05 · Office Manager Benefits | 5,933.75 | 80.0% | 7,416.00 | 7,301.00 | -1.6% | |||||||||
| 5120.01 · Office Asst/Substitute | 1,898.40 | 105.5% | 1,800.00 | 2,100.00 | 16.7% | increased to 140 hours | ||||||||
| 5125.01 · Nursery Attendant | 1,829.80 | 62.5% | 2,930.00 | 2,344.00 | -20.0% | reduced to 160 hours | ||||||||
| 5125.02 · Children's Church Leader | 569.40 | 38.9% | 1,465.00 | -100.0% | converted to a volunteer position | |||||||||
| 5126.01 · Kitchen Supervisor | 410.21 | 35.0% | 1,172.00 | 586.00 | -50.0% | reduced to 40 hours | ||||||||
| 5127.02 · Wedding Hostess | 150.00 | 50.0% | 300.00 | 300.00 | 0.0% | |||||||||
| 5136.01 · Music Director | 18,333.40 | 83.3% | 22,000.00 | 22,000.00 | 0.0% | |||||||||
| 5137.01 · Organist | 8,585.00 | 66.0% | 13,000.00 | 13,000.00 | 0.0% | new hire (TBD) | ||||||||
| 5146.01 · Youth Director | 5,265.00 | 52.7% | 10,000.00 | 10,000.00 | 0.0% | new hire (TBD) | ||||||||
| 5150.01 · Custodian | 6,678.80 | 66.5% | 10,050.00 | 10,200.00 | 1.5% | small raise for performance and longevity | ||||||||
| 5190.01 · Payroll Tax Expense | 5,616.61 | 71.5% | 7,858.00 | 7,308.00 | -7.0% | 7.65% of lay staff payroll | ||||||||
| 5195.01 · Workers Comp Ins Expense | 1,322.04 | 75.6% | 1,748.00 | 1,712.00 | -2.1% | |||||||||
| Total 5100 · Staff | 153,883.16 | 77.0% | 199,739.00 | 191,851.00 | -3.9% | |||||||||
| Jan - Oct 10 | % of Budget | 2010 Budget | 2011 Budget | % Change | ||||||||||
| 6000 · Operating Expenses | ||||||||||||||
| 6001.01 · Utilities | 12,312.56 | 65.8% | 18,700.00 | 14,880.00 | -20.4% | |||||||||
| 6001.05 · Telephone/Communication | 1,875.11 | 104.2% | 1,800.00 | 2,280.00 | 26.7% | |||||||||
| 6002.01 · Property Maint & Repair | 12,461.22 | 87.8% | 14,200.00 | 15,180.00 | 6.9% | Property Committee revised request | ||||||||
| 6003.01 · Landscape Maintenance | 3,930.00 | 87.3% | 4,500.00 | 3,840.00 | -14.7% | Property Committee revised request | ||||||||
| 6004.01 · Asset Replacement | 543.93 | 54.4% | 1,000.00 | 2,000.00 | 100.0% | |||||||||
| 6005.01 · Property Taxes | 361.45 | 72.3% | 500.00 | 723.00 | 44.6% | |||||||||
| 6006.01 · Property Insurance | 4,019.11 | 71.8% | 5,600.00 | 4,659.00 | -16.8% | new Ministry Pacific group policy | ||||||||
| 6008.01 · Office Supplies | 3,769.23 | 104.7% | 3,600.00 | 3,800.00 | 5.6% | |||||||||
| 6009.01 · Postage | 1,941.58 | 71.9% | 2,700.00 | 2,300.00 | -14.8% | |||||||||
| 6011.01 · Office Equip Lease & Maint | 6,757.65 | 82.4% | 8,200.00 | 8,200.00 | 0.0% | |||||||||
| 6015.01 · Education | 1,822.59 | 33.8% | 5,400.00 | 4,100.00 | -24.1% | Education Committee request (less VBS) | ||||||||
| 6020.01 · Evangelism & Fellowship | 2,180.94 | 64.1% | 3,400.00 | 3,148.00 | -7.4% | Evangelism Committee request | ||||||||
| 6021.01 · The Lutheran Magazine | 0.00 | 0.0% | 1,500.00 | 1,312.00 | -12.5% | 165 household subscriptions @ $7.95 each | ||||||||
| 6022.01 · Publicity | 4,118.02 | 87.6% | 4,700.00 | 950.00 | -79.8% | cancelled Yellow Page listing | ||||||||
| 6023.01 · Assemblies & Retreats | 854.75 | 42.7% | 2,000.00 | 1,500.00 | -25.0% | based on average expense for last 5 years | ||||||||
| 6024.01 · Pulpit Supply | 518.96 | 51.9% | 1,000.00 | 875.00 | -12.5% | five Sundays @ $175 each | ||||||||
| 6025.01 · Pastor Study & Training | 407.20 | 67.9% | 600.00 | 700.00 | 16.7% | promised in Mission Site Profile | ||||||||
| 6026.01 · Lay Leadership Training | 180.00 | 30.0% | 600.00 | 700.00 | 16.7% | |||||||||
| 6027.01 · Pastor Auto Expense | 2,545.26 | 77.1% | 3,300.00 | 3,000.00 | -9.1% | 500 miles per month @ $.50 per mile | ||||||||
| 6028.01 · Stewardship | 376.26 | 50.2% | 750.00 | 750.00 | 0.0% | Stewardship Committee request | ||||||||
| 6030.01 · Church in Society | 246.92 | 32.9% | 750.00 | 650.00 | -13.3% | Church in Society Committee request | ||||||||
| 6035.01 · Worship & Music | 0.00 | 0.0% | 1,500.00 | 3,250.00 | 116.7% | Worship Committee request (less bell project) | ||||||||
| 6036.01 · Altar Guild | 690.38 | 92.1% | 750.00 | 750.00 | 0.0% | Worship Committee request | ||||||||
| 6040.01 · Youth Program | 1,587.89 | 21.2% | 7,500.00 | 4,902.00 | -34.6% | Youth Committee request (less VBS) | ||||||||
| 6041.01 · Confirmation Camp | 3,304.00 | 70.3% | 4,700.00 | 3,800.00 | -19.1% | Education Committee revised request | ||||||||
| 6073.01 · Call Committee | 0.00 | 0.0% | 3,000.00 | 3,000.00 | 0.0% | Call Committee request | ||||||||
| 6090.01 · Other/Miscellaneous | 366.90 | 28.0% | 1,311.00 | 400.00 | -69.5% | |||||||||
| Total 6000 · Operating Expenses | 67,171.91 | 64.9% | 103,561.00 | 91,649.00 | -11.5% | |||||||||
| Total Expense | 243,246.07 | 72.2% | 337,000.00 | 315,000.00 | -6.5% | |||||||||
| Net Income | 6,662.76 | 0.00 | 0.00 | NET INCOME TARGET IS ZERO | ||||||||||