{"id":8,"date":"2007-06-11T06:53:43","date_gmt":"2007-06-11T14:53:43","guid":{"rendered":"http:\/\/www.cogwriter.com\/news\/cog-news\/ucg-announces-its-2007-2008-budget\/"},"modified":"2007-06-11T06:55:36","modified_gmt":"2007-06-11T14:55:36","slug":"ucg-announces-its-2007-2008-budget","status":"publish","type":"post","link":"https:\/\/www.cogwriter.com\/news\/cog-news\/ucg-announces-its-2007-2008-budget\/","title":{"rendered":"UCG Announces Its 2007-2008 Budget"},"content":{"rendered":"

UCG’s <\/a>United News<\/em> states:<\/p>\n

$25 Million 2007-2008 Budget Overview Outlined<\/strong><\/p>\n

At the annual meeting May 6, the General Conference of Elders approved a $25 million budget for the fiscal year 2007-2008, which begins July 1…<\/p>\n

Increases for Preaching the Gospel and Preparing a People<\/strong><\/p>\n

The budget includes “a substantial increase (over $1.6 million)” for preaching the gospel, “the largest year-to-year increase for this purpose in the history of the United Church of God.”<\/p>\n

The budget also includes funding to hire up to five additional ministerial trainees, expansion of the ministerial development program, several three-day regional ministerial conferences and “a significant increase in support of the Youth Corps program.”<\/p>\n

The executive reserve of $1.65 million includes $1.5 million set aside for the home office relocation project…<\/p>\n

Budget Amounts<\/strong><\/p>\n

The amounts budgeted for the various programs are:<\/p>\n

Council of Elders — $174,900<\/p>\n

Home Office — $1,317,013<\/p>\n

Public Proclamation — $6,196,980<\/p>\n

International — $2,017,665<\/p>\n

Ministerial Services — $10,059,177<\/p>\n

Festivals — $1,074,165<\/p>\n

GCE — $80,000<\/p>\n

Insurance — $1,880,100<\/p>\n

403(b) — $550,000<\/p>\n

Executive Reserve — $1,650,000<\/p>\n

Total: $25,000,000<\/p>\n

Dr. Kirkpatrick said the 2007-2008 budget “reflects the ongoing grace and generosity of God in blessing the Church with a steady and growing provision of financial resources to help with carrying out its mission.”<\/p>\n

The above reflects a shifting in UCG <\/a>spending that I have long expected–once it had enough reserves (it has taken them 12 years) it would increase spending on public proclamation.\u00a0\u00a0Increased spending\u00a0on public\u00a0proclamation\u00a0is a good thing.\u00a0 But even with this increase, UCG<\/a> will only be spending about a 1\/4 of its income on that objective.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

UCG’s United News states: $25 Million 2007-2008 Budget Overview Outlined At the annual meeting May 6, the General Conference of Elders approved a $25 million budget for the fiscal year 2007-2008, which begins July 1… Increases for Preaching the Gospel and Preparing a People The budget includes “a substantial increase (over $1.6 million)” for preaching […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-8","post","type-post","status-publish","format-standard","hentry","category-cog-news"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t