This ministry develops, manages and reports the budget for the Church
and the individual ministries, teams and/or committees. It is also responsible for
monitoring the income and expenses of the parish throughout the year and
reflects St. Thomas’ commitment to the highest standards of
accountability.
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| INVESTMENT |
BALANCE
10/28/08
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YTD RETURN
10/28/08
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S&P YTD RETURN
10/28/08 |
| Main Trust Fund |
$ 2,249,362 |
(11.16%) |
(35.9%) |
| Capital Reserve Fund |
$ 164,566 |
( 8.21%) |
(35.9%) |
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As of August 31st, we received $159,202 in pledges and plates versus a year to date (8 months) budget of $203,336. We will be sending out pledge contribution statements within the next week.
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As of April 2007, the church payroll is now being processed through Paychex. This now allows for staff to receive payroll through direct deposit and will ensure that all payroll taxes and filings are processed in a timely fashion.
Also, in June St. Thomas' retained Garner Gore and Associates LLP to perform bookkeeping services. Nicole Garner is currently the key person providing services to the Parish and she may be reached at bookkeeper@stthomasdc.org.
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