Anglican Diocese of Johannesburg

2016 Budget Presentation

28th November 2015

DIOCESAN FINANCE BOARD ForecastBudget 2016 Dec 2015 2016

INCOMEParochial Contributions 6,760,545 7,603,037 Organisations Contributions 33,000 0 Income Cash Management 148,113 150,000 Interest From Deposit Fund 0 0 Administration Fee Deposit Fund 274,228 276,000 Impact of DFB Interest Proposal 400,000 400,000 Profit On Sales 18,000 18,000 Additional Contributions 870,947 0 Donations Received 5,000   0 Sub Total 8,509,833 8,447,037 Recovery from Parishes without clergy 355,200 342,000 Payroll Levy 639,312 Rental Received 699,000 700,000 Total Income 9,564,033   10,128,349

DIOCESAN FINANCE BOARD ForecastBudget 2016 Dec 2015 2016MINISTRY OF BISHOP'S OFFICEParochial Clergy Package 656,326 702,269 Salaries Bishop's Administative Office 216,620 229,617 Entertainment 22,652 24,000 Wages For Bishops House 171,687 98,800 Office Premises Costs (Rent) 19,200 20,400 Municipal Charges 79,714 78,733 Telephone Costs 30,263 29,891 Printing & Stationery 5,071 5,009 Insurance Office & Contents 16,734 17,000 Computer Expenses 8,400 8,297 Maintenance Bishops House 67,113 60,000 Total Bishop 1,337,826   1,274,016

-4.77%

DIOCESAN FINANCE BOARD ForecastBudget 2016 Dec 2015 2016

MINISTRY OF DIOCESAN ADMINISTRATION OFFICEBank Charges 42,400 32,500 Staff Training 0 18,000 Salaries Office 2,119,020 2,246,161 Staff Refreshments 8,091 8,091 Office Premises Costs (Rent) 96,173 103,200 Telephone Costs 96,129 95,000 Equipment Lease 35,085 34,800 Postage Costs 7,232 4,800 Printing & Stationery 22,805 18,000 Insurance Office & Contents 42,866 45,000 Computer Expenses 50,005 18,000

2,441,438   2,623,552 7.46%

DIOCESAN FINANCE BOARD ForecastBudget 2016 Dec 2015 2016

MINISTRY TO TOTAL DIOCESECathedral Allowance 114,000 0 Communication Person 0 0 Bad Debts 120,000 120,000 Human Resource Person 0 0 Dean Allowances 89,635 105,000 Removal And Transfer Costs Clergy 27,990 17,500 Catering Management Meetings 341 0 Legal Costs 228 0 Subsidies to assist with Stipends 78,000 102,840 Synods & Conferences 17,690 15,000 Audit Fee 107,673 150,000 Computer Expenses 25,850 6,000 Web Site - 42,880 42,000 Database Costs 26,896 24,000 Youth Development Costs 11,900 12,000 Children Ministry 11,900 12,000 Interest Paid 437,386 480,000 Clergy Training 22,550 25,000

Total Diocesan Costs 1,055,075   1,111,340 5.33%

DIOCESAN FINANCE BOARD ForecastBudget 2016 Dec 2015 2016

RETIREMENT COSTSPension Augmentation - Diocesan 221,379 222,000

Medical Assistance In Lieu 104,232 104,400

Interest From Pens Medical Fund (215,994) (216,000)

Medical Aid Pensioners 1,455,967 1,506,000

1,565,584   1,616,400

3.25%

DIOCESAN FINANCE BOARD ForecastBudget 2016 Dec 2015 2016

TRAINING COSTSNet Cost Of Clergy In Training at Parishes 483,884 360,000 Bursaries 0 0 Interest From Joint Ord Fund (15,635) (16,000)Computer Expenses 5,593 6,000 Cost Of FOX & Ordinands 22,080 25,200 Ordination / Ordinand Retreats 8,559 10,000 Telephone Costs SFM 3,500 4,800 Printing & Stationary Costs (Includes photo copier) - SFM 38,325 20,400 Cost Of Students At College 311,884 297,000 Salaries - School For Ministries 228,945 242,681 Travelling 7,000 0 Recovery from Students (4,720) (5,040)

1,089,415   945,041 -13.25%

DIOCESAN FINANCE BOARD ForecastBudget 2016 Dec 2015 2016

ACSA - Common Provincial Fund 1,706,000   1,706,000 0.00%

OUTREACH COSTSMedical Assistance To Clergy Previously In The Diocese 59,955 60,000 Bishops Discretionary Fund 37,000 42,000

Total Outreach costs 96,955   102,000

5.20%

Provision for Taxation 180,000 200,000

Total Expenses 9,292,292   9,378,349 0.93%

Net Surplus / (Deficit) 271,741   550,000

QUARTERLY REPORT BACK MEETINGS FOR 2016

Dates for the Diocesan Finance Board to report back to the Diocese on the financial status of the Diocese are as follows:

Quarter 1 23 April 2016

Quarter 2 23 July 2016

Quarter 3 29 October 2016