General Synod Archives

BUDGET REPORT # 007 15 -21 14 11

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Date
2014 November 13-16
Source
Council of General Synod. Minutes
Record Type
Resolution 03-11-14
Date
2014 November 13-16
Source
Council of General Synod. Minutes
Record Type
Resolution 03-11-14
Mover
Canon Harry Huskins, Prolocutor
Seconder
Tannis Webster
Prologue
Ms. Hanna Goschy, Treasurer, presented the budget for 2015 for the Council’s consideration. She described the budgeting process and outlined the planning and revenue assumptions for 2015 with an emphasis on the conservative nature of the budget.
She briefing explained the history of proportional giving which has been in steady decline since 1992 with some leveling of after 2008 and noted the decline in undesignated legacies received since 2008.
In response to a query about the review of assets of the MSCC [Missionary Society of the Anglican Church of Canada], she explained that research is underway on identifying the endowments and their direction and expected to last several months. The Chancellor will review the findings from a legal perspective. A report back to CoGS will not be ready until the November 2015 meeting.
Text
Be it resolved:
That the Council of the General Synod express its deep appreciation and thanks to our dioceses for their generous and ongoing financial support of the ministries of our General Synod.
ADOPTED #03-11-14
Subjects
Anglican Church of Canada - Finance
Church giving - Anglican Church of Canada
Anglican Church of Canada - Dioceses
Less detail