Where every person is important and Jesus Christ is Lord
Prince of Peace Lutheran Church
Prince of Peace Lutheran Church
Troy, New York
The 36th Annual Meeting Booklet
Meeting held on January 22, 2006
The Proposed Budget for 2006
Budget Budget
Year 2005 Year 2006
************ ************
INCOME
Offerings $36,500 $36,500
Sunday school 300 300
Daycare 22,000 22,000
Bulletins/Newsletters 300 300
Misc Gifts/receipts 7,000 7,000
Memorial fund 100 100
Building fund 1,000 1,000
Fundraising 17,500 17,500
Hunger Appeal 250 500
Roof fund 2,000 2,000
TOTAL REVENUE $86,950 $87,200
EXPENSES
Salary 36,384 36,384
Building & Equipment maintenance 1,000 1,000
Security 500 500
Postage 100 100
Offering Envelopes 415 415
Misc 500 500
Mission Synod benevolence 1,200 1,500
Hunger Appeal 250 250
Convention Synod Assembly 500 500
Insurance 6,000 6,000
NIMO Church 3,000 3,000
NIMO Parsonage 4,500 5,500
Oil - church 4,400 7,000
Water sewer - Church 700 700
Water sewer - Parsonage 750 750
Telephone Church 600 600
Telephone Parsonage 700 700
Health insurance 7,100 7,100
Pastor's Pension 4,417 4,417
Pastoral substitute 200 200
Organist substitute 80 80
Fund raising expenses 3,000 3,000
Payroll processing fees 850 850
Bank service charges 100 100
Troy savings bank (equity loan) 5,800
Troy savings bank (term loan) 3,801
Revised loan with "First Niagara" 5,700
Roof Repairs 2,000 2,000
TOTAL EXPENSES 88,847 88,846
($1,897) ($1,646)
This proposed budget was unanimously adopted at the January 22, 2006 meeting.
