From the Treasurer

 Greetings All Saints family,
 
Please find the July financial reports below. A few large pledges were received the last week of July which resulted in a surplus for the month. Thank you for your continued support of the church.
 
Pledges for July were $20,053 versus the budgeted amount of $18,333. 
 
Ministry expenses, at $2,500, were less than the budgeted amount of $2,893 due to not incurring flower and altar supplies expenses. 
 
Minister expenses, at $17,417, were higher than the budgeted amount of $16,240 due to payroll timing. Payroll occurs 26 times per year which causes three paychecks to occur two times per year. Payroll occurred on July 1st, 15th, and 29th.
 
Facility costs came in at $537 compared to the budgeted amount of $3,308 due to lower than planned costs associated with boiler maintenance and less than average utilities costs from lower gas usage in the summer. The utility and boiler costs are typically seasonal.
 
Operation costs came in at $757, compared to the budgeted amount of $1,119 due to lower than planned maintenance and office expenses.
All Saints ended the month with a surplus of +$6,892. YTD All Saints now has a slight surplus of +$3,455. We estimated the deficit would be ($21,928) so we continue to outperform expectations. 
 
Peace,
Alicia Bayambang

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