Hello Church family,
We have finished 2021 in good position and we recently submitted the 2022 budget which was approved by council.
Some highlights include:
– We paid off our line of credit of $27,000
– We earmarked funds as an emergency reserve of 2+ months’ worth of operating expenses, an act made possible by the PPP grants we received last year.
We will be offering more education and communication around Legacy Giving, a new effort to help secure our finances at Wesley. We will also offer Dave Ramsay’s Financial Peace University this year.
Our 2022 budget is about $18,000 in (deficit). We hope your continuing support and generosity can help balance the budget as the year unfolds. We collectively need modest improvement in this area.
Thank you for your continuing support and we welcome your engagement and questions.
-The Finance Team