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Conference approves budget with 0.32% increase

6/5/2012

The members of the Iowa Annual Conference approved a budget for 2013 with a 0.32% increase, or $30,784.

General Church apportionments comprise 17.5% of the budget.  The $2,740,285 supports the World Service fund, Ministerial Education fund, Africa University and Black College funds, Episcopal fund among other items. 

Conference ministries constitute 61% of the budget.  The $9,575,449 total supports Districts, Boards and Commissions, and District funds. 

The Conference missions budget is $3,359,071, or 21.5%.  This supports Boards, Commissions and councils such as Discipleship, Laity, older and young adult, District Councils on Ministries, and Matthew 25 fund.

The recap: General Church apportionments decrease by 2.7%, Conference ministries increase by 1.3%, and conferences remains essentially the same.  The total amount proposed: $15, 674,805. 

The 2013 budget was approved by a tally of 666 to 30.