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Financial Report for March 2020

Financial Report for March 2020

Finance Report

First I want to Praise God and Everyone at Lakeview United Methodist Church for the Wonderful end to the financial year 2019.  The month of December not only exceeded our December expenses by $72,338, we ended up with a surplus of $24,488, because we wiped out the November’s shortfall of about $48,000.  God is indeed good and greatly to be Praised!

But as my work bosses always told me, we are grateful for what you did last year for the company but what are you going to do in the New Year.  Well we did not start out too good, as you can see by the numbers below; we were over $17,000 behind in January 2020.  Although our expenses exceeded the budget by about $700, the Church’s income was about 12% below what was forecasted for January.  I know that this looks bad but I am continuing to ask everyone at Lakeview to pray for God’s Word to be fulfilled so that

“Each of you should give what you have decided in your heart to give, not reluctantly or under compulsion, for God loves a cheerful giver” (2 Cor. 9:7)

I do believe we have cheerful givers at Lakeview.  So continue to pray for God’s guidance, give what is in your heart to give, and God’s Blessings to All.

 Eli Reeves, Finance Chairperson

Financial Report
 Year to date as of 1/31/20: Budget Actual
 Offerings received $51,060 $45,725
 Other income received $12,350 $9,511
 Total income received $63,410 $55,236
 Expenses paid $71,514 $72,239
 Income OVER/UNDER expenses by$8,104$17,003
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