Annuals 2016 Annual Book | Page 31

Summary of 2017 Proposed Budget Income: Based on our current receipts from our partnering churches and the potential of additional partnering churches, we are projecting a church income goal of $319,000.00 for 2017. We believe we will be in line with our projected church income goal for 2016. Our total income is based on an additional $1,000.00 of income from Ocoee Outreach. You will notice we have made appropriate adjustments which are reflective of the discontinuation of the partnership with North American Mission Board. 2016 was our last year for the Randy’s salary supplement and 2017 will be the last year for Randy’s Health Insurance supplement. Expenses: Section I. This is the same level as 2016. The purpose for combining all the teams into one line item was to ask ministry leaders to request funds one month in advance of expenditure. We are pleased with how this worked. We also were gauging which ministries are active and how we assist our partnering churches with ministry opportunities. This has proven to work very well and we are continuing with the same proposal. Section II. We are maintaining the Student Mission Trip line item at $2,500 and Church Revitalization at $3,500.00. Section III. IV. & V. Have remained the same. VI. Administrative Support Increases for Office Supplies and Property Insurance Adjustments to section VII. Staff Leadership Increases in salary of 2% for Phil, Randy and Dimple… Mike Powers will have a six month review on the appropriate date of his anniversary. Health Insurance premiums: 16 % increase. Last year we proposed faith budget that needed an additional income of $4,500 to meet additional expenses. We met that goal and exceeded that amount. Thank you for your continued support to CrossNet Baptist Network. Administrative Team Janice Baker Jena Cavett Tony Tinsley Steve Huff David Cross Tim Edwards 29