Thursday 15 November 2012

Financial Report January - October, 2012


General

ActualBudget
RECEIPTS
Offering$204,712$259,833
Rental Income, Interest and Others $46,687$46,862
Total Receipts$251,399$306,695
EXPENDITURES
Administration & Grounds$211,788$215,297
Ministries$8,877$17,670
CBWCF Loan Repayments$63,650$72,583
Total Expenditures$284,314$305,550
General surplus (deficit)($32,915)$1,145


Loans

CBWCF Loan
Other than Regular Loan Repayments $160,000
Additional Mortgage$40,000
Net Loan Repayments ( Loan Proceeds)$120,000
CBWCF Loan Payable$4,485
 
Congregational Loan
Loan Repayments$97,465
Additional Loan$270,800
Net Loan Repayments  ( Loan Proceeds)($173,335)
Congregational Loan Payables$511,870
 
Total Loans
Loan Repayments$257,465
Additional Loans$310,800
Net Loan Repayments ( Loan Proceeds)($53,335)
Total Loans$516,355

Renovation Capital Campaign(October 2011 - October 2012)


ActualBudget
Offerings$65,405$65,000
Expenses$51,230

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

No comments:

Post a Comment