Saturday 22 September 2012

Financial Report January - August 2012


General

ActualBudget
RECEIPTS
Offering$136,042$207,867
Rental Income, Interest and Others $37,303$37,489
Total Receipts$173,345$245,356
EXPENDITURES
Administration & Grounds$171,276$172,237
Ministries$6,183$14,136
CBWCF Loan Repayments$50,920$58,067
Total Expenditures$228,379$244,440
General surplus (deficit)($55,034)$916


Loans

CBWCF Loan
Other than Regular Loan Repayments $160,000
Additional Mortgage$40,000
Net Loan Repayments ( Loan Proceeds)$120,000
CBWCF Loan Payable$17,100
 
Congregational Loan
Loan Repayments$82,465
Additional Loan$270,800
Net Loan Repayments  ( Loan Proceeds)($188,335)
Congregational Loan Payables$526,786
 
Total Loans
Loan Repayments$242,465
Additional Loans$310,800
Net Loan Repayments ( Loan Proceeds)($68,545)
Total Loans$543,886

Renovation Capital Campaign(October 2011 - August 2012)


ActualBudget
Offerings$65,405$65,000
Expenses$40,786

Note: Cheques for the church should be made payable to "Westside Baptist Church."  Please do not use abbreviations.

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