Budget and Finances of the Buckhorn Lake Area Church

In 2024, we projected a surplus of about $46,000, an estimate that included the expectation of receiving $22,000 from FEMA for our flood damage. Alas, FEMA sent us a check for only $5,133, but that did pay for the mold cleanup under the community building. In any event, we finished the year with a surplus of $37,554, largely because we were not paying for the services of an installed pastor. The draft budget for 2025 that follows was approved by the Session, but repairs to the manse and painting the manse, community building, and sanctuary cost us nearly $60,000, so there will be no surplus in 2025.

Thank you. When you see Sue McIntosh, our hard-working treasurer, please thank her!

— Eric Schonblom, Financial Ministry

2025 Draft Budget

Income

Church Offertory	$44,067	|	Benevolences:
Loose offering	2,000	|
Gifts from churches	600	|	One Great Hour of Sharing	$500
Gifts from friends	17,000	|	Pentecost offering	375
Undesignated memorials	2,000	|	Peacemaking offering	300
	======	|	Joy Gift	300
Offertory Total	65,667	|	Birthday / Hunger	200
		|	Appeals (disasters, Quiet Fund)	1,100
Special services	300	|	Building (local donors)	4,472
Book sales	400	|	Building (others)	200
Auction	0	|	Special collections	200
Dinners	300	|		=====
Mission store	1,300	|	Designated Giving	7,647
	=====	|
Special Activities	2,300	|	Interest on Savings	800

TOTAL, ALL INCOME

$76,414

Expenses

Pulpit Supply	$7,000	|	Worship supplies	$300
Furnishings	0	|	Bulletins	50
SS/MC contribution	0	|	Special services	200
Deferred compensation	0	|	Music	150
Major medical / pension	0	|	Organ / pianos	12,000
Medical set-aside	0	|	Sound system / other	100
Continuing education	0	|		=====
Utilities	2,000	|	Total Worship	12,800
Travel / Other	0	|
	======	|	Outreach	200
Total for pastoral services	9,000	|
		|	Sunday school	600
United mission giving	2,400	|	Youth	0
One Great Hour of Sharing	500	|	Fellowship	450
Pentecost offering	375	|	Nursery	50
Peacemaking offering	300	|	Community activity	200
Joy Gift	300	|	Transportation	100
Hunger	200	|	Library	50
Per capita assessment	1,800	|	Other	150
Special appeals (disasters...)	200	|		=====
Collections (e.g. Change for Change)	200	|	Total Christian education	1,600
Session disbursements	1,000	|
	=====	|	Office supplies / copies	200
Total benevolences	7,275	|	Treasurer	2,750
		|	Telephone	1,800
Electricity	5,300	|	Wedding coordinator	300
Insurance	9,000	|	Postage, mailings	500
Custodians, salary	1,900	|		=====
Cleaning, supplies	200	|	Total administration	5,550
Trash & water	600	|
Equipment & appliances	1,000	|	KY Sales tax	138
Church maintenance	6,000	|	Other	180
Manse maintenance	16,000	|		====
Pest control / Other	575	|	Total Miscellaneous	318
	=====	|
Total building & grounds	40,575	|
		|	TOTAL EXPENSES	$77,318

TOTAL INCOME - TOTAL EXPENSES = SURPLUS
$76,414 - $77,318 = -$3,949

The church projects a budget deficit of thirty-nine hundred dollars in 2025!