2012 Report of the Treasurer

State of the Church: Part II

No matter what Washington tells us about a recovery, it still feels as though we are in the midst of a deep recession. But grim news from national economic front not withstanding, the parish enjoyed a reasonably successful financial 2012.

Pledged, unpledged and plate income—officially classed as . . . → Read More: 2012 Report of the Treasurer

Financial Report to the Annual Meeting

The Year 2011/12 was not an easy one—largely owing to a sluggish technical recovery from a deep recession that has lasted for more than three years, depressing activity in virtually all sectors of the economy.

Unemployment, particularly in the state’s private sector, continues high—a consequence of fiscal and regulatory uncertainty, coupled with tight credit. This . . . → Read More: Financial Report to the Annual Meeting

It never rains, but it always seems to pour

Clichés become clichés because they are a jolly good way of expressing things. And the most apt cliché to describe the current financial situation at St. Stephen’s is: “It never rains but it pours.”

It is no secret that the state of the national economy has been thoroughly rotten for the past three years, and . . . → Read More: It never rains, but it always seems to pour

My life is much easier when pledges come in

A treasurer’s lot is by no means always a happy one (apologies to Gilbert & Sullivan) at this time of the year. The problem, you see, is that the poor treasurer has to prepare a budget for the coming year and—as always—there are still a lot of pledges to come in.

If you haven’t yet . . . → Read More: My life is much easier when pledges come in

Please put the church on your Christmas list

Financially speaking, this year has been a tough one for everybody—church treasurers included. The offertory has been down by some 10 percent since the beginning of the year, which means we have had to watch the expenditure of every last cent like hawks.

The Endowment Fund has shown encouraging growth, though at a rate somewhat . . . → Read More: Please put the church on your Christmas list

Newsletter by email

In these days of rising costs we are always looking for more efficient ways of doing things. One for these is to deliver our renowned Newsletter by email so if you would prefer to receive it by this method please email me at treasurer@ststeve.com and I will put you on the emailing list. To . . . → Read More: Newsletter by email