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Friday, October 4, 2024

CENTRAL PRESBYTERIAN CHURCH: Approving Funding Model Development team and preparing for end-of-Assembly budget votes

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Central Presbyterian Church issued the following announcement on July 2.

Throughout the morning’s work, the Financial Resources Committee Vice Moderator Felipe Martinez lightened the mood and bought time for PC-Biz updates by telling “donut stories” and making donut allusions (see #DonutThursday for an example, or the stack of empty Krispy Kreme boxes in the welcome area of the Presbyterian Center).

It was an apt metaphor. The committee’s last day of in-person discussion and voting was all about ensuring that PC(USA) finances avoid balance sheet holes in coming years.

Day 3 started with continuing work on FIN-10: “Align in Mission, Purpose, and the Use of Resources: Report of the Special Committee on Per-Capita Based Funding and National Church Financial Sustainability,” with the committee taking up Recommendation 2 from the special committee: “Direct the General Assembly Moderator(s) to appoint a Funding Model Development team to develop, recruit, implement, and provide oversight of possible funding model experiments.”

Source: https://www.pcusa.org/news/2022/7/2/approving-funding-model-development-team-and-prepa/

Source: Central Presbyterian Church

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