budgeting your church for 2022

Budgeting Your Church for 2022Three approaches to a proper budget -- the key to your church’s financial health and long-term stability

MAX H. HERR, MACSBC Ministry Specialist for HR & Church Compliance

CSBC HR & Church Compliance Ministry by Max H. Herr July 21, 2021

Budgeting for 2022 Webinar Notes

2

Budgeting is your church’s backbone. . .

A budget is a road map to where the church is headed and what it will take to get there, not the Ten Commandments carved into stone►Should be bold and imaginative►Must be reasonable and realistic►Detours should be expected, if not planned



mhher

Stamp

3

A Chart of Accounts is your starting point

All accounting systems are dependent on a numeric “Chart of Accounts” to keep track of revenue and expenses and assets and liabilitiesA Chart of Accounts should be “deep” enough to accurately reflect the most important details, but not so deep as to be cumbersome



mhher

Stamp

4


Failure to adequately structure a Chart of Accounts results in►Financial reports that are a mess► Information and detail that is hard to see►Confused reporting that does not instill

confidence in donors



mhher

Stamp

5


Without a real structure to their COA, many churches just keep adding line items with whatever number is next in orderA proper COA will usually be structured into four or more basic components:



mhher

Stamp

6

Chart of Accounts basics

►Cash Assets (Bank & Investment accounts)►Checking, Savings, Payroll

►Accounts Payable & Designated Funds (also known as Liabilities)

►General Fund & Restricted Funds►Revenue►Expenses



mhher

Stamp

7

In a proper COA, revenue will usually be organized into three or more key categories:




mhher

Stamp

8


►Regular Revenue► Tithes & Anonymous giving (“Loose Plate”)

►Designated Revenue►Restricted Revenue►Miscellaneous Revenue►Non-church Revenue (school, daycare, etc.)



mhher

Stamp

9

In a proper COA, expenses will usually be organized into six or more key categories:




mhher

Stamp

10


►Kingdom work categories►Fellowship, Ministry, Missions, Worship

►General Operating expenses►General Office expenses►Personnel expenses►Non-church expenses (school, daycare, etc.)



mhher

Stamp

11


Organizing a COA into various “funds” is key►“Fund” numbers for each reportable item ►A better structure divides money/assets

into appropriate reporting groups►Assets and liabilities are properly identified►Revenue and expenses are clearly separated



mhher

Stamp

12


Organizing a COA into various “funds” is key►1000s are Deposit accounts / Invested assets►2000s are AP Liabilities / Designated funds►Designated funds = temporarily restricted

►3000s are General Fund / Restricted funds►Restricted funds = permanently restricted



mhher

Stamp

13


Organizing a COA into various “funds” is key►4000s are Revenue►5000s are Program and Operating Expenses►6000s are Personnel Expense ►Higher sequential groups as needed are OK

(7000s for a school, 8000s for a food bank)



mhher

Stamp

14

Annual Budget

Use the Chart of Accounts as the format for the Annual Budget►Revenue placeholders for each type of

revenue and designated or restricted fund ►Expense placeholders for every line item



mhher

Stamp

15

Annual Budget

Preparing next year’s budget should be a deliberate process►Start in July, complete by September►Must know where you stand at mid-year►Must know what your ministry focus and

intentions are for the coming year



mhher

Stamp

16

Annual Budget

Always begin with allocations for Kingdom work –the most important aspect of any church budget ►Fellowship activities►Ministries and mission activities►Worship and tech

These are the “attractive” elements of the church



mhher

Stamp

17

Annual Budget

Then add in the General Operating, General Office, and Personnel expensesThese are the “unavoidable” elements of the church’s spending (unavoidable does not mean uncontrollable)



mhher

Stamp

18

Annual Budget

Once the expenses have been determined, the budget must be “balanced” with an equal amount of revenue►Regular Revenue►Designated & Restricted Revenue►Miscellaneous Revenue



mhher

Stamp

19

Three Methods of Budgeting

Proper budgeting must begin on the expense sideYour spending will be determined using one of three common methods of budgeting► Traditional (incremental) ►Activity-based ►Zero-based



mhher

Stamp

20

Traditional Annual Budget

In this method, the church simply looks at its current year budget and estimates increases, decreases, or maintains the same line item needs► Token increases usually based on inflation►Occasionally, new items may be added

and some items might be deleted►Major structural changes are uncommon



mhher

Stamp

21

Traditional Annual Budget

Increases should be expected and factored in for known and fixed expenses►Utilities, property taxes, insurance, debt►Personnel – pay and benefits, FICA►Any expanding ministries

Then remaining line items are funded as needed



mhher

Stamp

22

Traditional Budget Advantages

Budgets are simple to establish and adopt►Few items, if any, are added or deleted►Generally assures continuity of existing

programs and ministries (good or bad)►Large spending deviations from current

or prior budgets are uncommon



mhher

Stamp

23

Traditional Budgeting Disadvantages

Budgets are sometimes unimaginative►Often results in perpetuation of ineffective

ministries or programs►Does not envision growth of Kingdom work

or new ministries – discourages “risk taking”►Does not reflect any need for change►Often leads to “deferred maintenance”



mhher

Stamp

24

Activity-based Annual Budget

Begin by evaluating and funding all aspects ofKingdom work►What is the “profitability” to the church?►How will this impact our community?►Will the results be definite and measurable?►Will this attract – and retain – new visitors

and members?



mhher

Stamp

25


Then analyze and determine actual ministry needs in relation to specific ministry objectives►Paper, printing supplies, promotional expense►Other “consumables” (VBS “kits,” etc.)►Participation expenses (admission fees, meals

and snacks, refreshments, rentals, “swag”)



mhher

Stamp

26


The final step is to determine overhead expenses –costs that may or may not be easily controlled►Personnel expenses, operating expenses►Preventive maintenance, repairs, new work► Insurance – property, liability, workers’ comp ►Advertising, publicity, social media



mhher

Stamp

27

Activity-based Budget Advantages

►Aligns ministry activities with ministry goals –the “profitability factor”

►Does not consider past or current year expenses as a starting point

►Generally intends to eliminate ineffective programs and otherwise wasteful expenses



mhher

Stamp

28

Activity-based Budget Disadvantages

►Requires time and effort►Ministry leaders may not be interested in or

capable of researching ministry needs ► Inadequate understanding or anticipation of

ministry needs will result in improper resource allocation (too much or too little)



mhher

Stamp

29

Zero-based Annual Budget

Every expense line item begins with $0 budgetEach line item must be analyzed and justified► Is it necessary? Why? What is the value?►How will 2022 be different compared to 2021?►Why is an increase being requested or

recommended?



mhher

Stamp

30

Zero-based Annual Budget

The value and “vitality” of a project’s expense determines its ranking and level of funding►Ministry leaders research and submit their

needs with justification for their expenses►Avoids “special interests” – Does a funding

request really further the church’s purposes?



mhher

Stamp

31

Zero-based Budget Advantages

►Budgets are tightly constructed with minimal “waste” or “excess” allocations

►Allocations are always justified by research or demonstrated by sound reasoning

► Ineffective programs are eliminated, leading to cost-savings

►“Profitability” is of secondary importance



mhher

Stamp

32

Zero-based Budget Disadvantages

►Significantly more time consuming and research intensive, can be costly

►Staff and ministry leaders may not have the skills, knowledge, or desire to perform adequate research

►Justifying every line item is often complex



mhher

Stamp

33

General Expenses

Regardless of the method of budgeting, save Operating, Office, and Personnel expenses for last►Usually the largest expense categories► Typically 50%-60% of a total combined

budget (ideally, should never exceed 70%)►Place at the end of the expense section

of budget and financial reports



mhher

Stamp

34

Wages are not the only element of a Pastor’s compensation

A pastor’s total compensation package often includes two or more of several specific items► Taxable Wages►Nontaxable Housing Allowance►Benefits►Accountable Reimbursements



mhher

Stamp

35

Revenue . . . the enabling portion of the budget

Never create a budget with a “bottom line” surplus or shortfall after all the math is done►Expenses must be balanced with additional

“regular revenue”►Revenue surplus must be offset by other

expense line items or must be reduced . . . revenue minus expenses = $0.00



mhher

Stamp

36

Revenue streams

Isolating revenue according to types is beneficial for both church leaders and the congregation►“Regular” supports the overall budget►“Designated” funds ministries and missions►“Restricted” funds capital projects►“Miscellaneous” is unexpected or unclassified



mhher

Stamp

37

Regular revenue

Isolating revenue according to types is beneficial for both church leaders and the congregation►“Undesignated giving” (tithe/envelopes) from

known donors should be reported separately from “loose plate” (anonymous) giving – but it’s all known as regular revenue



mhher

Stamp

38

Designated revenue

Isolating revenue according to types is beneficial for church leaders and the congregation►“Designated giving” reduces General Fund

expense of the church’s “kingdom work”►Denominational offerings should be offsetting► These are “discretionary” revenue streams and

are not used to balance the budget



mhher

Stamp

39

Restricted revenue

Isolating revenue according to types is beneficial for church leaders and the congregation►“Restricted giving” is derived from donations

solicited for an approved special purpose, such as a capital projects campaign

► The church should refuse unsolicited funds earmarked for an unexpected purpose



mhher

Stamp

40

Restricted revenue

Isolating revenue according to types is beneficial for church leaders and the congregation►Restricted giving must be strictly accounted

for and separated from the General Fund – it cannot be used for General Fund expenses

► Ideally, restricted funds will be held in a separate (savings/money market) account



mhher

Stamp

41

Miscellaneous revenue

Isolating revenue according to types is beneficial for church leaders and the congregation►Miscellaneous revenue is unanticipated

General Fund money that is not a regular, designated, or restricted revenue item –grants, insurance claims payments or refunds, bank interest on savings, etc.



mhher

Stamp

42

Let’s get to work . . . Creating the Annual Budget

Using your Chart of Accounts, create a form or spreadsheet that lists all of the revenue and expense items in your accounting programTaking your January through June financial reporting into account, begin plugging in fixed expense estimates for the coming year



mhher

Stamp

43

Creating the Annual Budget

Fully fund your Kingdom work expenses – obtain budget requests from pastor and staff, ministry leaders, committeesSet goals for denominational offerings, CP giving, Association support, and your church’s own local mission work . . . fixed dollars or percentages of monthly Regular Revenue



mhher

Stamp

44


Make adjustments for known or anticipated increases in property tax, insurance, and utilities expenses, rent, or other fixed/recurring expensesCalculate increases in personnel expensesPlan for any major repairs or facilities expenses . . . failure to fix things now = deferred maintenance



mhher

Stamp

45


Once all expenses are plugged in, add them up . . . that’s how much total revenue you need for a balanced budgetSome revenue may be anticipated as designated or restricted giving, the majority needs to come as Regular Revenue . . . tithes and loose plate giving



mhher

Stamp

46


If you are using percentages to calculate CP and Association support, and/or local missions savings, consider “grossing up” the Regular Revenue needed so that this important giving does not reduce the church’s budgeted resources for Kingdom work



mhher

Stamp

47

Let’s look at some examples

Presenting the Annual Budget►Printed large and easy-to-read►No need to compare to prior year’s budget► should indicate whether the total

proposed budget is an increase or decrease from the prior year ($ and/or %)



mhher

Stamp

Acco

unt D

escr

iptio

n (*

Pre

fix if

Titl

e)Re

venu

eEx

pens

es

* Re

gula

r Rev

enue

562,

108

86.3

42%

4100

-001

-00

Tith

es55

4,30

841

00-0

02-0

0

U

nres

tric

ted

Giv

ing

7,80

0*

Rest

ricte

d Re

venu

e 85

,650

13.1

56%

4200

-001

-01

Bui

ldin

g Fu

nd D

ivid

ends

175

4200

-002

-01

Bui

ldin

g Fu

nd D

onat

ions

043

00-0

01-0

2

A

nnie

Arm

stro

ng E

aste

r Offe

ring

3,00

043

00-0

02-0

3

C

alifo

rnia

Miss

ions

Offe

ring

4,50

043

00-0

03-0

4

L

ottie

Moo

n Ch

ristm

as O

fferin

g5,

000

4400

-001

-05

Chi

ldre

n's M

inist

ries

2,00

044

00-0

02-0

6

D

eaco

n's B

enev

olen

ce7,

500

4400

-003

-07

Firs

t Pla

ce fo

r Hea

lth M

inist

ry50

044

00-0

04-0

8

M

en's

Min

istrie

s40

044

00-0

05-0

9

F

BCW

V M

issio

ns56

,400

4400

-006

-10

Wom

en's

Min

istrie

s2,

800

4400

-007

-11

You

ng A

dult

Min

istrie

s75

044

00-0

08-1

2

Y

outh

Min

istrie

s80

045

00-0

01-1

3

M

iscel

lane

ous O

fferin

gs1,

000

4500

-002

-14

Misc

ella

neou

s Res

erve

s (Re

stric

ted)

046

00-0

01-1

5

F

acili

ties R

enta

ls0

4650

-001

-16

Loc

al M

issio

ns1,

000

4655

-003

-19

Miy

azon

o Ac

coun

tabl

e Re

imbu

rsem

ents

(Mal

aysia

)0

* M

iscel

lane

ous R

even

ue3,

270

0.50

2%47

00-0

01-0

0

C

ash

Mgm

t Acc

t Div

s & A

djus

tmts

1,50

047

00-0

02-0

0

C

heck

ing

Acct

Div

s & A

djus

tmts

2048

00-0

01-0

0

F

low

ers

250

4800

-002

-00

Misc

ella

neou

s Rev

enue

500

4800

-003

-00

Per

form

ing

Arts

Misc

ella

neou

s1,

000

4900

-001

-01

Bui

ldin

g Fu

nd T

rans

fers

0

Dire

ctly

offs

et b

y ac

tual

offe

rrin

g am

ount

s

Dire

ctly

offs

ets a

ccou

ntab

le re

imbu

rsem

ents

Off

budg

et: D

oes n

ot a

ffect

Den

om. G

ivin

g

Dire

ctly

offs

et b

y ac

tual

offe

rrin

g am

ount

s

Incr

ease

d by

Coo

pera

tive

Prog

ram

, Ass

ocia

tiona

l,

and

Loca

l Mis

sion

s Sup

port

Off

budg

et:

Bldg

& R

emdg

use

onl

yO

ff bu

dget

: Bl

dg &

Rem

dg u

se o

nly

FBCW

V 2

018

Budg

etA

dopt

ed (R

evis

ed)

Page

1 o

f 6 p

ages

v4

(rev

11-

5-20

17)



Acco

unt D

escr

iptio

n (*

Pre

fix if

Titl

e)Re

venu

eEx

pens

es

FELL

OW

SHIP

8,50

01.

3056

%51

10-0

00-0

0*

Com

mun

ity S

port

s Tea

ms

1,00

0

B

aske

tbal

l, So

ftba

ll51

20-0

00-0

0*

Hos

pita

lity

3,50

0

C

hurc

h Fa

mily

Fel

low

ship

s

C

hurc

h O

utre

ach

Even

ts

K

itche

n Su

pplie

s & F

ood/

Beve

rage

Misc

ella

neou

s Exp

ense

s51

30-0

00-0

0*

Bib

lical

Hos

pita

lity

4,00

0M

INIS

TRY

50,7

507.

7954

%52

10-0

00-0

5*

Chi

ldre

n an

d Fa

mili

es M

inist

ry (K

-5)

11,5

00

C

hild

ren'

s Miss

ion

Proj

ects

Chi

ldre

n's S

choo

l Bre

ak M

inist

ries

Chi

ldre

n's S

choo

l Yea

r Min

istrie

s

K

ing'

s Kid

s / M

usic

Cam

p

N

urse

ry/P

resc

hool

5220

-000

-00

* D

eaco

n M

inist

ry9,

000

5220

-001

-00

Dea

con

Trai

ning

& O

rdin

atio

n(1

,250

)52

20-0

02-0

6

D

eaco

n Be

nevo

lenc

e(7

,500

)52

20-0

03-0

0

L

ord'

s Sup

per

(250

)52

30-0

00-0

0*

Dis

cipl

eshi

p M

inis

try

9,75

0

S

unda

y M

orni

ng B

ible

Stu

dy

N

ew B

elie

vers

Disc

iple

ship

Eva

ngel

ism &

Out

reac

h

S

mal

l Gro

ups

You

ng A

dults

(pos

t-se

cond

ary)

5235

-000

-07

Firs

t Pla

ce 4

Hea

lth50

052

40-0

00-0

8*

Men

's M

inist

ry5,

000

Bib

le S

tudy

Fel

low

ship

Men

's Re

trea

t52

60-0

00-1

0*

Wom

en's

Min

istry

5,00

0

B

ible

Stu

dy

F

ello

wsh

ip

S

ervi

ce P

roje

cts

5280

-006

-12

* S

tude

nt M

inist

ry (6

-12)

10,0

00

F

ello

wsh

ip &

Com

mun

ity B

uild

ing

Lea

ders

hip

& M

inist

ry E

xpen

ses

Mat

eria

ls &

Sup

plie

s

R

etre

ats,

Miss

ions

, Cam

ps

FBCW

V 2

018

Budg

etA

dopt

ed (R

evis

ed)

Page

2 o

f 6 p

ages

v4

(rev

11-

5-20

17)



Acco

unt D

escr

iptio

n (*

Pre

fix if

Titl

e)Re

venu

eEx

pens

es

MIS

SIO

NS

124,

664

19.1

488%

5300

-000

-00

* D

enom

inat

iona

l, As

soci

atio

nal,

and

Loca

l Miss

ions

Sup

port

5310

-001

-02

Ann

ie A

rmst

rong

Eas

ter O

fferin

g3,

000

5310

-002

-03

Cal

iforn

ia M

issio

ns O

fferin

g4,

500

5310

-003

-04

Lot

tie M

oon

Chris

tmas

Offe

ring

5,00

053

20-0

01-1

3

M

iscel

lane

ous O

fferin

gs1,

000

5330

-001

-00

CSB

C Co

oper

ativ

e Pr

ogra

m (5

%)

24,5

8253

30-0

02-0

0

O

CSBA

(5%

)24

,582

Loc

al M

issio

ns (5

% x

fer f

rom

Gen

Fun

d to

Loc

al M

issio

ns F

und)

24,5

8253

50-0

00-0

0*

FBC

WV

Loca

l, St

ate

& W

orld

Mis

sions

50,0

0053

50-0

01-0

9

W

orld

Miss

ions

(Sh

ort T

erm

, non

-Cal

iforn

ia)

(39,

500)

53

60-0

02-1

6

E

mer

ging

Min

istrie

s(1

,000

)53

60-0

04-1

6

V

acat

ion

Bibl

e Sc

hool

(4,0

00)

5360

-005

-16

Misc

ella

neou

s Loc

al M

issio

ns (C

alifo

rnia

)(5

,500

)53

71-0

04-1

9

M

iyaz

ono

Acco

unta

ble

Reim

burs

emen

ts (M

alay

sia)

12,0

00W

ORS

HIP

25,3

003.

8862

%54

00-0

01-0

0*

Misc

ella

neou

s Exp

ense

s50

0

F

low

ers &

Dec

orat

ions

5400

-002

-00

* G

reet

ers/

Ush

ers/

Firs

t Im

pres

sion

500

Misc

ella

neou

s Exp

ense

s54

00-0

03-0

0*

Per

form

ing

Arts

Min

istry

6,80

0

P

rodu

ctio

n Ex

pens

es

P

erfo

rman

ce G

roup

s

W

orsh

ip S

ervi

ces

Misc

ella

neou

s Exp

ense

s54

00-0

04-0

0*

Pra

ise &

Wor

ship

Min

istry

17,5

00

M

inist

ry L

icen

ses/

Mem

bers

hips

/Sub

scrip

tions

Inst

rum

ents

& E

quip

men

t

S

ound

Tec

hnol

ogy

Sun

day

AM W

orsh

ip E

xpen

ses

Misc

ella

neou

s Wor

ship

Tea

m E

xpen

ses

Offs

et b

y Do

nor F

undi

ng

Offe

ring

Expe

nses

are

dire

ctly

offs

et b

y

Offe

ring

Reve

nues

Incr

ease

s Reg

ular

(Tith

e) R

even

ue

to re

flect

15.

0% to

tal g

ivin

g

FBCW

V 2

018

Budg

etA

dopt

ed (R

evis

ed)

Page

3 o

f 6 p

ages

v4

(rev

11-

5-20

17)



Acco

unt D

escr

iptio

n (*

Pre

fix if

Titl

e)Re

venu

eEx

pens

es

GEN

ERAL

OPE

RATI

NG

EXPE

NSE

112,

850

17.3

341%

5510

-000

-00

* A

d Ho

c Co

mm

ittee

s55

10-0

01-0

0

Co

mm

ittee

Exp

ense

s25

055

20-0

00-0

0*

Bui

ldin

g &

Gro

unds

Com

mitt

ee55

20-0

01-0

0

C

omm

ittee

Exp

ense

s10

055

20-0

03-1

5

S

peci

al P

roje

cts

12,0

00

5530

-000

-00

* C

hurc

h Re

latio

ns C

omm

ittee

5530

-001

-00

Misc

ella

neou

s Exp

ense

s10

055

40-0

00-0

0*

Exe

cutiv

e Co

unci

l55

40-0

01-0

0

C

omm

ittee

Exp

ense

s1,

000

5550

-000

-00

* T

rust

ees

5550

-001

-00

Misc

ella

neou

s Exp

ense

s20

055

60-0

00-0

0*

Fac

ilitie

s Mai

nten

ance

5560

-001

-00

Lan

dsca

ping

Ser

vice

15,0

0055

60-0

02-0

0

P

est C

ontr

ol S

ervi

ce

1,80

055

60-0

03-0

0

Ja

nito

rial S

ervi

ce14

,500

5560

-004

-00

Tre

e Se

rvic

e3,

000

5560

-005

-00

Phy

sical

Pla

nt M

aint

enan

ce27

,500

(I

nclu

ding

: Doo

r Mai

nten

ance

, Flo

or C

are,

HVA

C Se

rvic

e,

H

ouse

keep

ing

& Ja

nito

rial S

uppl

ies,

Lan

dsca

ping

Sup

plie

s,

Par

king

Lot

Mai

nten

ance

, Rou

tine

& E

mer

genc

y Re

pairs

)55

70-0

00-0

0*

Util

ities

5570

-001

-00

Ele

ctric

ity13

,000

5570

-002

-00

Gas

500

5570

-003

-00

Pho

ne &

Inte

rnet

3,00

055

70-0

04-0

0

T

rash

2,00

055

70-0

05-0

0

W

ater

6,50

055

80-0

00-0

0*

Pro

pert

y Ta

x55

80-0

01-0

0

P

rope

rty

Tax

4,60

055

90-0

00-0

0*

Ins

uran

ce55

90-0

01-0

0

P

rope

rty

& C

asua

lty In

sura

nce

6,00

055

90-0

02-0

0

W

orke

r's C

ompe

nsat

ion

Insu

ranc

e1,

800

GEN

ERAL

OFF

ICE

EXPE

NSE

12,4

751.

9162

%56

10-0

00-0

0*

Adv

ertis

ing

& P

ublic

ity56

10-0

03-0

0

W

ebsit

e Ho

stin

g20

056

20-0

00-0

0*

Gen

eral

Exp

ense

s56

20-0

01-0

0

P

aper

& P

rintin

g Su

pplie

s2,

500

5620

-002

-00

Pos

tage

Exp

ense

2,10

056

20-0

03-0

0

S

oftw

are

& E

quip

men

t1,

500

5620

-005

-00

Cop

ier L

ease

4,00

056

30-0

00-0

0*

Misc

ella

neou

s Ex

pens

es56

30-0

01-0

0

C

redi

t Uni

on C

ash

Man

agem

ent F

ees/

Adju

stm

ents

7556

30-0

02-0

0

C

redi

t Uni

on C

heck

ing

Fees

/Adj

ustm

ents

100

5630

-003

-00

Misc

ella

neou

s Offi

ce E

xpen

ses

1,25

056

30-0

04-0

0

O

nlin

e G

ivin

g Tr

ansa

ctio

n Fe

es75

0

Offs

et b

y Fa

cilit

y R

enta

l Rev

enue

FBCW

V 2

018

Budg

etA

dopt

ed (R

evis

ed)

Page

4 o

f 6 p

ages

v4

(rev

11-

5-20

17)



Acco

unt D

escr

iptio

n (*

Pre

fix if

Titl

e)Re

venu

eEx

pens

es

PERS

ON

NEL

EXP

ENSE

316,

489

48.6

137%

6000

-000

-00

P

ayro

ll Ta

xes (

SS/M

C)

[Chu

rch]

14

,795

6100

-000

-00

M

iscel

lane

ous P

erso

nnel

Exp

ense

7,00

061

10-0

00-0

0

Gui

deSt

one

Retir

emen

t Mat

chin

g Fu

nds

7,50

062

00-0

00-0

0*

Sen

ior P

asto

rM

o/2

6bi

wee

kly

*12

6201

-000

-00

Wag

es (S

ubje

ct to

Rev

ision

)24

,000

2,00

0.00

923.

0769

6202

-000

-00

Hou

sing

Allo

wan

ce (S

ubje

ct to

Rev

ision

)35

,600

2,96

6.67

1369

.230

862

04-0

00-0

0

A

ccou

ntab

le R

eim

burs

emen

ts8,

400

700.

0032

3.07

692,

615.

3868

,000

.00

6250

-000

-00

* A

ssist

ant P

asto

r62

51-0

00-0

0

W

ages

(26,

232)

(7,2

68)

33,5

002,

791.

6712

88.4

615

1,28

8.46

33,5

00.0

062

52-0

00-0

0

H

ousin

g Al

low

ance

14,0

0063

00-0

00-0

0*

Min

ister

of D

iscip

lesh

ip &

Adm

inist

ratio

n63

01-0

00-0

0

W

ages

67,5

005,

625.

0025

96.1

538

2,59

6.15

67,5

00.0

063

02-0

00-0

0

H

ousin

g Al

low

ance

065

00-0

00-0

0*

Per

form

ing

Arts

Dire

ctor

6501

-000

-00

Wag

es22

,000

1,83

3.33

846.

1538

846.

1522

,000

.00

6600

-000

-00

6601

-000

-00

6,19

451

6.17

238.

2308

238.

236,

194.

0067

00-0

00-0

0*

Chi

ldre

n/Yo

ung

Adul

ts M

inist

ries

6705

-000

-00

Wag

es (M

inist

er to

Chi

ldre

n &

Fam

ilies

)47

,500

3,95

8.33

1826

.923

11,

826.

9247

,500

.00

6706

-000

-00

Wag

es (M

inist

er to

Stu

dent

s/Fi

nanc

ial S

ecre

tary

)27

,500

2,29

1.67

1057

.692

31,

057.

6927

,500

.00

6800

-000

-00

* S

uppl

y Pe

rson

nel

786.

0068

02-0

00-0

0

P

ulpi

t Sup

ply

500

6803

-000

-00

Wor

ship

Lea

der S

uppl

y50

0

Reve

nue

Expe

nses

Reg

ular

Rev

enue

562,

108

10,8

109,

729

8,64

8D

esig

nate

d G

ivin

g

85

,650

1,64

71,

482

1,31

8M

isce

llane

ous

Rev

enue

3,27

063

5750

TOTA

LS

65

1,02

865

1,02

812

,520

11,2

6810

,016

2018

Gro

ss R

even

ue

651,

028

651,

028

585,

925

520,

822

Less

Des

igna

ted

Giv

ing

($8

5,65

0)

565,

378

Less

Den

omin

atio

nal G

ivin

g (

$49,

164)

51

6,21

464

7,53

8

2017

Bud

get

Less

5%

Tra

nsfe

rs fr

om G

ener

al F

und

to L

ocal

Mis

sion

s Fu

nd

($24

,582

) 49

1,63

265

1,02

8

2018

Bud

get

0.54

%

Incr

ease

(Dec

reas

e)

** D

enom

inat

iona

l Sup

port

(15.

00%

) bas

ed o

n ne

t Und

esig

nate

d Re

venu

e

of

$49

1,63

2 (t

he a

mou

nt n

eede

d to

fund

all

prog

ram

s in

addi

tion

to

antic

ipat

ed m

iscel

lane

ous a

nd d

esig

nate

d re

venu

e)

aaaa

aaaa

aaaa

aaaa

aaaa

aaaa

aaaa

aaaa

aaaa

aaaa

aaaa

aaaa

aa

aaaa

aa [

651,

028

– 85

,650

– 7

3,74

6 =

491,

632

]

Wee

kly

Nee

d10

0%

Bu

dget

90%

Budg

et80

%

Budg

et

Dire

ct C

hurc

h lia

bilit

y fo

r Soc

ial S

ecur

ity &

Med

icar

e

*W

orsh

ip D

rum

mer

Wag

es

FBCW

V 2

018

Budg

etA

dopt

ed (R

evis

ed)

Page

5 o

f 6 p

ages

v4

(rev

11-

5-20

17)



8,50

050

,750

124,

664

25,3

00

112,

850

12,4

75

316,

489

FELL

OW

SHIP

1

.31%

MIN

ISTR

Y

7.7

9%

MIS

SIO

NS

19.

15%

WO

RSH

IP

3.8

9%

GEN

ERA

L O

PERA

TIN

G E

XPEN

SE

17.

33%

GEN

ERA

L O

FFIC

E EX

PEN

SE

1

.92%

PERS

ON

NEL

EXP

ENSE

48.

61%

Firs

t Bap

tist

Chu

rch

of W

alnu

t Val

ley

2018

Ado

pted

Bud

get (

v4 F

inal

Rev

ised

)

Tota

l: 1

00.0

0%

FBCW

V 2

018

Budg

etA

dopt

ed (R

evis

ed)

Page

6 o

f 6 p

ages

v4

(rev

11-

5-20

17)



49

Summary

►Establish a good Chart of Accounts►Know where you want to go in 2022►Create a properly organized spreadsheet

or report form ►Obtain budget requests from ministries ►Plug in fixed expenses based on actuals



mhher

Stamp

50

Summary

►Set goals for denominational support and annual denominational offerings

►Plug in reasonable designated giving targets►Calculate additional regular revenue

needed to balance the budget►Prepare final budget for presentation



mhher

Stamp

Questions and Answers

51

Feel free to contact the CSBC Human Resources& Church Compliance Ministry for answers to your questions

You can reach us 24/7 by phone at (559) 256-0858 or by email to [email protected]



mhher

Stamp

budgeting your church for 2022

Documents