Annual Conference session sets 2015 budget at $16,014,097

June 14, 2014

The 2014 session of the Iowa Annual Conference approved a 2015 budget of $16, 014,097. That represents a decrease of $259,405, or -1.59% from the 2014 budget.

General Church apportionments increased by $45,824 (1.7%) to $2,785,154, a total that includes a contingency to pay General Church apportionments at 100%, if necessary.

The Conference Ministries portion of the approved budget is: $9,875,924, which is a decrease of $193,251, or 1.9%.  Conference ministries includes Board of Ordained Ministries, Board of Pensions, Board of Trustees, Commission on Equitable Compensation, District Funds, Clergy Support Ministries, Episcopal Funds, Pastoral Care and Counseling, conference Administrative Committees, Council on Finance and Administration, and Connectional Ministries Council. 

The approved budget for Conference Missions is $3,353,019, which is a decrease of $112,978, or 3.2%.  That includes support for the Board of Camps, Board of Church and Society, Board of Discipleship, Board of Global Ministries, Board of Higher Education and Campus Ministries, Board of Laity, the commissions on Christian Unity, Ministries with Persons with Disabilities, Religion and Race, Status and Role of Women, the councils for Older Adults, Young Adults, and Campus Ministries, District Councils on youth Ministries, and the Matthew 25 Fund. 

The Council on Finance and Administration reviewed the entire proposed budget in a Monday noontime meeting. The report of CFA was then presented to the entire Conference on Monday afternoon at which time the Annual Conference session approved the 2015 budget.