news from our treasurers
Open Conversation and Budgeting by Priorities
by Ray Wuco
The Year-to-Date (YTD) Snapshot showed that we are at 22.2% of projected giving. A healthier position would be that we were at 25% of projected giving for the YTD period. We are where we have been historically at this time of year, but it would be nice to be building a hedge for the lean summer months.
We are over budget by 1% for the YTD period. A few accounts are over for specific reasons mostly on how those items were posted to those accounts. As always, the details are available in the Conference room budget binder.
Overall, we're in pretty fair shape. Keeping to our committed pledging will make the difference in taking us from being in pretty fair shape to being in good shape.
Thank you for your time and I hope this financial report and notes were of use and help to you. Please let Ken or me know if you have any further suggestions about what you want to see in the YTD Snapshot and Treasurer's Notes.
If would like to review the Financial Snapshot, please feel free to look in the Treasurer's Notebook in the Conference Room.