FISCAL YEAR	FISCAL YEAR	FISCAL YEAR
	06-07	07-08	07-08	3%	Increase in Staff Compensation
	Final	Recommended	Balanced	4%	Increase in Associate Minister Compensation
	Budget	Budget	Budget	6%	Increase in Other Expenses
OPERATING INCOME
Pledges	$294,000	$290,000	$290,000
Collection Plate	32,000	28,000	28,000
Program Income:
Ways and Means	25,000	27,000	27,000
Adult Education	1,500	1,600	1,600
RE	400	500	500
Music and Concerts	2,500	0	0
Sound Booth-Sales	588	600	600
Subtotal - Program Income	$29,988	$29,700	$29,700
Rental Income	15,000	17,000	17,000
Interest Income	5,000	3,500	3,500
Oil Lease Income		7,000	7,000
Planned Giving		15,000	15,000
Total Operating Income	$375,988	$390,200	$390,200
OPERATING EXPENSES
Minister
Salary	$40,352	$41,563	$40,352
Housing Allowance	31,200	32,136	31,200
Subtotal	$71,552	$73,699	$71,552
Insurance	$12,000	$12,000	$12,000
Pension	7,155	7,370	7,155
Professional	6,000	8,000	5,000
Total Ministry	$96,707	$101,068	$95,707
Associate Minister
Salary	$25,472	$26,491	$25,472
Housing Allowance	18,000	18,720	18,000
Subtotal	$43,472	$45,211	$43,472
Pension	4,347	4,521	4,347
Professional	4,000	5,000	3,300
Total Associate Minister	$51,819	$54,732	$51,119
Office Administrator
Salary	$17,000	$17,510	$17,000
Payroll Taxes	1,300	1,339	1,300
Insurance		5,743	5,743
Pension	1,700	1,313	1,275
Total Office Administrator	$20,000	$25,905	$25,318
Office Expenses
Administrative Assistant	$11,770	$12,000	$11,770
Payroll Taxes	818	918	900
Education	0	350	350
Supplies	9,000	9,540	8,600
Telephone	6,900	7,314	6,900
Postage	3,750	3,975	3,750
Bank Service Charges	3,000	3,180	3,000
Other Exenses	1,650	1,749	1,500
Total Office Expenses	$36,888	$39,026	$36,770
Buildings & Grounds
Facilities Manager	$25,688	$26,909	$25,688
Security	3,016	3,106	3,016
Payroll Taxes	2,196	2,296	2,196
Insurance	7,100	7,100	7,100
Pension	2,569	2,691	2,569
Subtotal	$40,569	$42,102	$40,569
Supplies	11,326	9,286	8,900
Repairs	2,000	2,800	2,000
Other Expenses	1,000	1,500	900
Total Buildings & Grounds	$54,895	$55,688	$52,369
Religious Education
RE Assistant	$7,800	$8,034	$7,800
Child Care	5,520	5,686	5,520
Payroll Taxes	1,019	1,050	1,019
Supplies	2,170	2,300	2,000
YRUU	500	530	500
Total Religious Education	$17,009	$17,599	$16,839
Music Program
Music Director	$18,018	$18,559	$18,018
Pianist	9,000	9,270	9,000
Payroll Taxes	2,067	2,129	2,067
Professional Expenses	1,800	1,854	1,500
Supplies	1,000	1,060	900
Other Expenses	3,500	3,710	3,100
Total Music Program	$35,385	$36,581	$34,585
Occupancy Expenses
Insurance	$15,500	$16,900	$16,900
Electricity	21,560	21,560	21,053
Water/Sewer	9,200	9,951	9,951
Total Occupancy Expenses	$46,260	$48,411	$47,904
Program Expenses
Denominational Affairs	$21,000	$22,260	$22,260
Membership	1,000	1,060	1,000
Publicity/Public Relations	7,000	7,000	5,700
Library	500	250	250
Adult Education	400	424	400
Senior Adult Education	300	318	300
Stewardship	12,000	2,500	2,000
Social Activities	200	212	200
Hospitality	800	848	800
Cares and Concerns	500	530	300
Religious Services	1,500	1,590	1,300
Sound Booth	1,264	1,340	1,271
Leadership	250	100	100
Board of Directors	1,000	1,060	800
Total Program Expenses	$47,714	$39,492	$36,681
Total Operating Expenses	$406,677	$418,503	$397,292
Operating Budget (Net)	-$30,689	-$28,303	-$7,092
Non-Operating Items
Income:
Foundation Grants	$14,000	$15,792	$15,792
Total Non-Operating Income	$14,000	$15,792	$15,792
Expense:
Sabbatical Reserve	$3,000	$0	$0
Capital Improvements Budget	9,100	7,700	7,700
Social Action Fund	1,000	1,500	1,000
Total Non-Operating Expense	$13,100	$9,200	$8,700
Combined Budget (Net)	-$29,789	-$21,711	$0
(1) Foundation Grant for 07-08 to be used to fund capital improvements of $7,700, with the balance
of $8,092 to be used for operating expenses.
(2) Capital Improvements for fiscal year 07-08 consist of $7,700 for a reserve to replace A/C unit in
Octagon (total cost estimated at $23,000, to be funded over three years ending May 31, 2009).