End-of-the-year remittances to the UCC’s national setting came up nearly $500,000 short in 2005, once again prompting concerns that the church’s national ministries may undergo significant, painful alterations.
William Morgan, the UCC’s chief financial officer, reports that the UCC’s 39 Conferences remitted $10,040,149 to Our Church’s Wider Mission (OCWM) for national basic support in 2005, down from the $10.5-million figure budgeted.
Since the $10.5-million benchmark was also used to build current-year budgets for the UCC’s four Covenanted Ministries, Morgan alerted church leaders that a weakened financial goal of $9.46 million should be anticipated for 2006.
The revised projection is down by more than $1 million from the $10,704,803 actualized in 2004, and it represents a whopping 25 percent drop — or $3 million — from the $12.5 million realized just five years ago.
Anyone have an extra half million?
