Financial Health Report
- Thanks for your continued offerings to support our missions at New Hope. Through July 31, we have collected $60,020.05 in offerings for general use this year. This is $16,757.16 less than where we were this time last year. The weekly average of $2,000.69 is short of the $2,912.17 needed to cover our budgeted expenses. It should be noted that it is typical for offerings to be lower during the summer months.
- We continue to work on our future financial plan once the pending sale of our church property is completed. At the July session meeting, our financial advisor, Andy Bailey, presented investment options for us to consider. We are making plans to invest the proceeds of the sale to fund both short-term building and long-term income for operating expenses.
Yours in Christ,