Budget
The following is the 2024 budget that was proposed by the Board of Trustees and approved by congregation vote during its Annual Business Meeting on December 10, 2023. It is a balanced budget, and largely reflects the numbers from the balanced 2023 budget. At the time that this budget was proposed and approved, it was not known whether our ministry model would change on August 1, 2024 when our ministers’ contracts end. Depending upon a number of factors, it is possible that our current three-minister plan would continue for the remainder of the year, in which case the following budget numbers would remain constant through the full year. Alternatively, we may hire a half-time minister (supplemented by a guest minister) — as is the goal of our Minister Search Committee, in which case the Board would need to allocate an additional amount of approximately $5,838 to the “Minister” budget line. Time will tell.
2024 Midcoast UU Budget | |
---|---|
INCOME (Anticipated) | Annual Totals |
Pledge Income | $60,000 |
Non-pledge Income | $7,200 |
Dividends | $700 |
PROJECTED INCOME | $67,900 |
EXPENSES | Annual Totals |
Rent | $4,800 |
Insurance | $1,683 |
UUA | $3,337 |
Sunday Program | $13,809 |
Misc. Expenses | #3,180 |
Music Program | $5,515 |
RE Program | $10,936 |
Minister (1/4 time) | $23,640 |
Social Justice | $1,000 |
TOTAL EXPENSES | $67,000 |
BALANCE | $ – |