If revenue declines, 'very hard decisions' over money likely
https://archives.anglican.ca/link/article41613
- Author
- Folkins, Tali
- Material Type
- Journal Article
- Journal
- Anglican Journal
- Date
- 2018 January
- Author
- Folkins, Tali
- Material Type
- Journal Article
- Journal
- Anglican Journal
- Date
- 2018 January
- Volume
- 144
- Issue
- 1
- Page
- 9
- Notes
- "The likelihood that the church's revenue will stagnate in coming years mean it might want to think carefully about its priorities, Fraser Lawton, bishop of the diocese of Athabasca and a member of the financial management committee, said in a presentation to Council of General Synod (CoGS) November 11 [2017]". "More than 90% of General Synod's net income comes from the dioceses, Lawton said, but almost all of them are 'having some conversations' about their own financial future. Given this, he said, 'if everything continues as is, the day is going to come when we're going to have to make some very hard decisions'. In a presentation on the proposed 2018 budget, General Synod Treasurer Hanna Goschy noted that over the past few years, diocesan contributions had 'hovered' in the range of $8.4-$8.5 million, but added that it would be very important to keep an eye on the level of giving in future years". "The proposed budget for 2018 projects total revenue at $10.9 million, down from the $11.1 million forecast for 2017". "John Chapman, bishop of Ottawa, said that like many dioceses, his own was facing shrinking contributions from parishes but increasing demands for ministry". General Secretary Michael Thompson "noted, first, that a meeting of the current session of CoGS would 'begin a conversation' about the principles and values the church brings to its decision-making in light of the financial challenges it's facing". "Second, Thompson said a new director of the church's department of resources for mission was scheduled to start work November 27 [2017]".
- Subjects
- Anglican Church of Canada - Finance
- Budget - Anglican Church of Canada
- Lawton, Fraser W. (Fraser Wynn), 1962-
- Goschy, Hanna
- Chapman, John H. (John Holland), 1954-
- Thompson, Michael (Michael James), 1956-
- Anglican Church of Canada. Resources for Mission Dept. Director
- Fund raising - Religious aspects - Anglican Church of Canada