Budget Alternatives

Agenda of Recommended Resolutions

1. A one-time infusion of cash to help cover shortfalls until permanent reductions take place, to pay for upcoming one time expenses, and to provide cushion against cyclic general fund fluctuations

   A possible way to achieve our cash infusion goals while balancing ministry priorities is to pass one of the two motions that follow:

   • The Church Council is directed to coordinate the sale (including possible necessary repairs) of the Hollybluff home and to move the Prahls to a rental property, with net proceeds going into the general fund. (Note: generate estimated $75,000 - $105,000, with monthly cost increase of $400 due to loss of rent currently paid on Hollybluff)
   • The Church Council is directed to coordinate the sale (including possible necessary repairs) of the Wiginton home, to move the Hills to Hollybluff, and to move the Prahls to a rental property, with net proceeds going into the general fund. (Note: generate estimated $120,000 - $150,000, with monthly cost increase of $400 due to loss of rent currently paid on Hollybluff)
2. Long-term budget reduction (effective immediately)

   A possible way partly to address long term budget reduction goals while balancing ministry priorities is to pass the following motion: Reduce Synod Mission Offerings from the current 13% of general fund income to 10% of general fund income. (Note: generate estimated $1100 in monthly savings)

3. Temporary budget reduction (effective immediately)

   A possible way partly to address temporary budget reduction goals while balancing ministry priorities is to pass the following motion: Reduce all staff salaries by 5% effective January 1, 2004 and continuing until June 1, 2004. (Note: generate estimated $800 in monthly savings until June)

4. Long-term budget reduction (effective June 2004)

   A possible way partly to address long-term budget reduction goals while balancing ministry priorities is to pass one of the following three motions:

   • Eliminate one staff position in the school following the current school year. The Board of Education shall make a recommendation of which position to voters at a later meeting. (Note: generate estimated $2500 to $4000 in monthly savings starting in June)
   • Eliminate the one-year teaching position in the school following the current school year. (Note: generate estimated $2500 in monthly savings starting in June)
   • Eliminate one permanent staff position in the school following the current school year. The Board of Education shall make a recommendation of which position to voters at a later meeting. (Note: generate estimated $3200 to $4000 in monthly savings starting in June)