11

““Let God Lead”Let God Lead”Church Spending PlanningChurch Spending Planning

6/24/096/24/09

H. DoddH. Dodd

DRAFT 4

6/12/09

22

How much does your How much does your church income change:church income change:

Weekly?Weekly? Monthly?Monthly?

33

Church Financial Planning Church Financial Planning “Let God Lead”“Let God Lead”

Purpose: (to present)Purpose: (to present) Biblical principlesBiblical principles for financial planning for for financial planning for

a church family.a church family. ConceptConcept for applying biblical principles to for applying biblical principles to

financial planning for a church family.financial planning for a church family. ProcessProcess for planning using this concept. for planning using this concept. BenefitsBenefits Introduce Aaron & Hur MinistriesIntroduce Aaron & Hur Ministries Offer budget planning and execution Offer budget planning and execution

coaching assistance to churches.coaching assistance to churches. Desired outcome:Desired outcome:

To make contacts for further probe To make contacts for further probe opportunities for A&H Ministries to serve.opportunities for A&H Ministries to serve.

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Biblical PrinciplesBiblical Principles for Financial for Financial Planning for a ChurchPlanning for a Church

Prov. 22:3 ~ “The prudent man foreseeth …”Prov. 22:3 ~ “The prudent man foreseeth …”

Our ResponsibilityOur Responsibility ~ ~ Plan as best as we can. (Prov. 16:9) Plan as best as we can. (Prov. 16:9) Be faithful stewards. (I Cor. 4:2; Luke 16:10)Be faithful stewards. (I Cor. 4:2; Luke 16:10) Ask God to do what we cannot do.Ask God to do what we cannot do. ( Phil. 4:6; James 1:5; James 4:2)( Phil. 4:6; James 1:5; James 4:2)

God’s PartGod’s Part ~ ~ Ownership (Ps. 24:1)Ownership (Ps. 24:1) Provision (Matt. 6:33)Provision (Matt. 6:33) Control (I Chron. 29:11)Control (I Chron. 29:11) Directs our steps (Prov. 16:9) Directs our steps (Prov. 16:9)

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““Let God Lead” Let God Lead” ConceptConcept

How God put this process in How God put this process in my mind:my mind: Planned two budgets.Planned two budgets. Planned three budgets.Planned three budgets.

Less – Needs – “Grace”Less – Needs – “Grace” More – Wants – “Blessing”More – Wants – “Blessing” Much more – Desires – “Abundant”Much more – Desires – “Abundant”

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The The ProcessProcess for Developing for Developing “Let God Lead” Spending Plans“Let God Lead” Spending Plans

Determine the yearly average Determine the yearly average undesignated income.undesignated income.

Review the yearly current spending.Review the yearly current spending. Set three targets based on the present Set three targets based on the present

income.income. Request proposed projects with cost and Request proposed projects with cost and

which budget they fit.which budget they fit. Compile input for deacons & members.Compile input for deacons & members. With God’s wisdom, review the proposed With God’s wisdom, review the proposed

budget and revise.budget and revise. Propose spending for each line item for Propose spending for each line item for

each budget.each budget.

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More Details for How to More Details for How to

See Back-upSee Back-up

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BenefitsBenefits of of “Let God Lead”“Let God Lead”

It provides a basis for orderly decision It provides a basis for orderly decision making:making: for surplusfor surplus for opportunities to learn to trust God for opportunities to learn to trust God to prevent misunderstandings and conflictto prevent misunderstandings and conflict

It encourages good stewardship.It encourages good stewardship. It helps givers see that God’s money is It helps givers see that God’s money is

being managed with prayerful thought.being managed with prayerful thought. All members have an opportunity to All members have an opportunity to

participate:participate: by providing input to the planby providing input to the plan by giving to determine which budget will by giving to determine which budget will

be usedbe used It provides a good example for families It provides a good example for families

to emulate.to emulate.

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Questions?Comments?

1010

Back-upBack-up

Details of How ToDetails of How To

1111

Determine the yearly Determine the yearly average undesignated average undesignated

income.income.

1212

Average YTD FinancialsWeek of January 31

$3,427.91$3,817.50

$0.00

$200.00

$400.00

$600.00

$800.00

$1,000.00

$1,200.00

$1,400.00

$1,600.00

$1,800.00

$2,000.00

$2,200.00

$2,400.00

$2,600.00

$2,800.00

$3,000.00

$3,200.00

$3,400.00

$3,600.00

$3,800.00

$4,000.00

$4,200.00

$4,400.00

$4,600.00

$4,800.00

$5,000.00

$5,200.00

YTD Average Undesignated Income YTD Average Undesignated Expense

Grace $3,710

Blessing $4,297

Super Abundant $4,874

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Review the yearly current Review the yearly current spending.spending.

1414

Average YTD FinancialsWeek of January 31

$3,427.91$3,817.50

$0.00

$200.00

$400.00

$600.00

$800.00

$1,000.00

$1,200.00

$1,400.00

$1,600.00

$1,800.00

$2,000.00

$2,200.00

$2,400.00

$2,600.00

$2,800.00

$3,000.00

$3,200.00

$3,400.00

$3,600.00

$3,800.00

$4,000.00

$4,200.00

$4,400.00

$4,600.00

$4,800.00

$5,000.00

$5,200.00

YTD Average Undesignated Income YTD Average Undesignated Expense

Grace $3,710

Blessing $4,297

Super Abundant $4,874

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Set Set 33 budget targets based budget targets based on the present income.on the present income.

GraceGrace BlessingBlessing AbundantAbundant

__%__% __%__% __%__%

1616

Set Set 33 budget targets based budget targets based on the present income.on the present income.

LessLess – Needs – “Grace” – Needs – “Grace” 95% 95% MoreMore – Wants – “Blessing” 110% – Wants – “Blessing” 110% Much moreMuch more – Desires –“Abundant” 125% – Desires –“Abundant” 125%

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Request proposed projects Request proposed projects with costs and which with costs and which

budget they fit.budget they fit.

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Proposed Budget InputProposed Budget InputItem

(Describe what you are proposing)Proposed

ByDeacon

ResponsibleBudget

Line Number

Priority(Grace,

Blessing or Abundant)

Amount($)

Ceiling fans in auditorium Pastor Luke

John W/ roof project

BlessingBlessing TBD

501(c)3 Pastor Luke

DaveDave 1559 Grace $1000 est.

Projector Pastor Luke

JimJim 15551555 Grace $1300

New carpet for the hallNew carpet for the hall JohnJohn PaulPaul 16271627 BlessingBlessing $2200$2200

New 15 passenger vanNew 15 passenger van JimJim ChuckChuck 15891589 AbundantAbundant $29,000$29,000

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Compile all input.Compile all input.

2020

With God’s wisdom, review the With God’s wisdom, review the proposed budget and revise.proposed budget and revise.

2121

Second Proposed Spending Plan for 2009

2008 Grace BUDGET (Yearly) Grace Blessing

Super Abundance

Expense

1501 · Pastoral Staff Salaries $67,024.00 67,024 77,078 87,131

1502 · Church Staff Salaries 21,689.00 21,689 21,689 21,689

1507 · Advertising & Promotion 0.00 0 2,000 2,000

1508 · Alarm Security System 200.00 200 200 200

1516 · Bank & Service Charge Fees 100.00 75 75 75

1517 · Books, CDs & Tapes 200.00 200 400 400

1520 · Capital Improvements 0.00 4,000 4,000

1521 · Children's Ministry 500.00 1,200 1,500 1,500

1523 · Cleaning/Maintenance 400.00 500 800 800

1525 · Couples Ministry (Young) 0.00 0 0 0

1529 · Computer Repairs/Supplies 300.00 600 1,200 1,200

2222

Compare with targets.Compare with targets.

2008 Undesignated income: $194,114

Percent of 2008 undesignated income 94% 109% 118%

Targets: 95% 110% 125%

Required 2008 Weekly Undesignated Income: $3,507.89 $ 4,084.04 $4,389.16

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Propose spending for each Propose spending for each line item for each budget.line item for each budget.

DistributeDistribute the proposed the proposed spending plan one week before spending plan one week before the business meeting.the business meeting. Offer to answer questions.Offer to answer questions. Request additional input.Request additional input.

PresentPresent the proposed spending the proposed spending plan at the business meeting.plan at the business meeting. Request suggestions again.Request suggestions again. Approve plan.Approve plan. Opportunity to vote again each Opportunity to vote again each

week.week.

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MonitoringMonitoring “Let God Lead” Spending Plans“Let God Lead” Spending Plans

2525

Average YTD FinancialsWeek of January 31

$3,427.91$3,817.50

$0.00

$200.00

$400.00

$600.00

$800.00

$1,000.00

$1,200.00

$1,400.00

$1,600.00

$1,800.00

$2,000.00

$2,200.00

$2,400.00

$2,600.00

$2,800.00

$3,000.00

$3,200.00

$3,400.00

$3,600.00

$3,800.00

$4,000.00

$4,200.00

$4,400.00

$4,600.00

$4,800.00

$5,000.00

$5,200.00

YTD Average Undesignated Income YTD Average Undesignated Expense

Grace $3,710

Blessing $4,297

Super Abundant $4,874

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ManagingManaging “Let God Lead” Spending Plans“Let God Lead” Spending Plans

Prioritize projects within each Prioritize projects within each budget.budget.

Track trends.Track trends. Adjust spending as appropriate.Adjust spending as appropriate. Put aside funds for use in the Put aside funds for use in the

current or next year.current or next year.

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Questions?Comments?

2828

Aaron & Hur MinistriesAaron & Hur MinistriesMission & VisionMission & Vision

MISSIONMISSION(Why we exist & what we hope to accomplish) (Why we exist & what we hope to accomplish)

To make ourselves available to come To make ourselves available to come

alongside pastors to help them and the alongside pastors to help them and the church they shepherd in biblical church they shepherd in biblical financial management, church business financial management, church business administration, and strategic planning.administration, and strategic planning.

VISIONVISIONServing and ministering to biblically-Serving and ministering to biblically-

minded pastors by investing in and minded pastors by investing in and training leaders who can then support training leaders who can then support them by relieving them of administrative them by relieving them of administrative duties so that they can give themselves duties so that they can give themselves to prayer and the ministry of the Word.to prayer and the ministry of the Word.

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Aaron & Hur MinistriesAaron & Hur MinistriesOur PassionOur Passion

To be used of God to lead To be used of God to lead people and churches to be people and churches to be financially free to serve God.financially free to serve God.

To see families and churches To see families and churches handle money so well that those handle money so well that those around them would ask the around them would ask the reason for the hope that is in reason for the hope that is in them.them.

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Aaron & Hur MinistriesAaron & Hur MinistriesWhat We OfferWhat We Offer

Interactive Financial Bible Interactive Financial Bible StudiesStudies For various age groups and levels For various age groups and levels

of spiritual maturity.of spiritual maturity. Personal Finance, Debt / Budget Personal Finance, Debt / Budget

Coaching Coaching Budget development and discipline Budget development and discipline

- Debt repayment- Debt repayment Pre-marital budget counseling and Pre-marital budget counseling and

trainingtraining Budget Coach trainingBudget Coach training

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Aaron & Hur MinistriesAaron & Hur MinistriesWhat We OfferWhat We Offer (continued) (continued)

Church Administration Church Administration (To help train/develop people to assist the (To help train/develop people to assist the

pastor in administrative responsibilities.)pastor in administrative responsibilities.) Church budget planning coachingChurch budget planning coaching Shepherd support coachingShepherd support coaching Church strategic planning facilitationChurch strategic planning facilitation Church building planning and project Church building planning and project

management coachingmanagement coaching Church benevolence management policy Church benevolence management policy

developmentdevelopment Meeting facilitation coachingMeeting facilitation coaching

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Aaron & Hur Ministry Aaron & Hur Ministry ContactContact

HARRY and LYNNE DODDHARRY and LYNNE DODD

127 Tamarack Avenue127 Tamarack Avenue

Morton, Illinois 61550-1042Morton, Illinois 61550-1042

Cell: 309/264-1870 Cell: 309/264-1870

Res: 309/807-5199Res: 309/807-5199

Email: HDD1948@Yahoo.comEmail: HDD1948@Yahoo.com