It is a good time to review where we are with respect to the budget.  At our Annual Meeting we adopted a bud-get in which total income and matching expenses were $168,890.  Of that income, we planned for pledges totaling $137,852.  Recall that the budget reflected the appointment of Pastor Jonalu at 75% salary.

The good news is that the pledge drive resulted in a total commitment of $142,534, slightly exceeding the budget.  There is some uncertainty in the number, since it assumes existing auto withdrawals will continue even if the person did not make a formal pledge.

As of August 30, 2020, total income is $72,425 and total spending is $56,275.  For those interested in detail, the graph [below] shows income and spending by month.  The solid blue and orange lines are income and expenses for this fiscal year and the corresponding dashed lines are for last year.  The solid gray line shows the average monthly budgeted income for this year.  Since some members pay their pledge at the start of the year, we typically start the year with more income than expenses.  Then during the year, we typically receive monthly income below the average budgeted amount.  The hope is that the initial burst balances the reduced monthly income.

This year we are following the same pattern.  If we continue with our current donations, we should meet the budget.

Thanks to all UUFM members who volunteer and care for the Fellowship in so many critical ways.  Also, thanks to Sandy for updating the UUFM donation page to make it more reliable for online donations.

That is all for now.  Next month I hope to update you on the Payroll Protection Program loan.

Take care,   Daniel Swenson, Treasurer