Council of General Synod: 2012 deficit less than expected
https://archives.anglican.ca/link/article38378
- Author
- Sison, Marites N.
- Material Type
- Journal Article
- Journal
- Anglican Journal
- Date
- 2013 May
- Author
- Sison, Marites N.
- Material Type
- Journal Article
- Journal
- Anglican Journal
- Date
- 2013 May
- Volume
- 139
- Issue
- 5
- Page
- 7
- Notes
- "Although final results are not yet certain pending a completed audit, FMC [Financial Management Committee] said, 'It is reasonable to expect that the deficit will be in the neighbourhood of $100,000'. A deficit of $287,680 has been forecast for that year. However, 'although 2012 will likely end up more favourably than anticipated four months ago, the outlook for 2013 has not changed', said the report submitted by committee chair, Rob Dickson. Last fall's [Nov. 2012] meeting of CoGS had approved a transitional budget of $523,000". "Dickson said the FMC reaffirms the direction set by CoGS in November 2008 for a balanced budget for 2014 and beyond".
- Subjects
- Anglican Church of Canada - Finance
- Anglican Church of Canada. Financial Management Committee
- Budget - Anglican Church of Canada