October Overview

Income -

Our total Regular Offerings in October were $43,714.59.

This was $2,089.59 over budget for the period.

We received $1,375.00 in Rental Income at our Gatehouse location for the Korean Presbyterian Church and a meeting rental, as well as our monthly rental income of $1,840.00 at our Windgate location for the Peachtree Children’s Centre.

Our overall income for October was $46,929.59.

Expenses –

Total Expenses of $44,703.90 were $5,434.97 over budget.

Much of the overage was due to Gatehouse & Windgate building expenses as well as Staff Benefits, as invoices for NS Power and Blue Cross were received and paid in October, and were budgeted in our November expenses.

General Funds –

We began the month with a balance of $16,642.15 in General Funds, and we finished the month with a balance of $18,867.84. This is $11,912.90 greater than our budgeted amount of $6,954.94 for the period.

Designated Funds –

For October, we sent $200.00 to World Hope for the Recovery Centre.

We also received $865.00 in donations for our roof project, as well as $330.00 for the Haiti Blood Clinic Christmas Campaign.

To view the detailed statement, use the button below.

Regards,

Glenda Lush

Administrator, Cornerstone Wesleyan Church