Budget and Finances of the Buckhorn Lake Area Church

In 2024, we projected a surplus of about $46,000, an estimate that included the expectation of receiving $22,000 from FEMA for our flood damage. Alas, FEMA sent us a check for only $5,133, but that did pay for the mold cleanup under the community building. In any event, we finished the year with a surplus of $37,554, largely because we were not paying for the services of an installed pastor. Whether we have a similar surplus in 2025 will depend upon congregational donations and what it costs us to repaint the church and community building. A draft budget for 2025 follows.

Thank you. When you see Sue McIntosh, our hard-working treasurer, please thank her!

— Eric Schonblom, Financial Ministry

2025 Draft Budget

Income

Church Offertory	$44,067	|	Benevolences:
Loose offering	2,000	|
Gifts from churches	600	|	One Great Hour of Sharing	$500
Gifts from friends	17,000	|	Pentecost offering	375
Undesignated memorials	2,000	|	Peacemaking offering	300
	======	|	Joy Gift	300
Offertory Total	65,667	|	Birthday / Hunger	200
		|	Appeals (disasters, Quiet Fund)	1,100
Special services	300	|	Building (local donors)	4,472
Book sales	400	|	Building (others)	200
Auction	0	|	Special collections	200
Dinners	300	|		=====
Mission store	1,300	|	Designated Giving	7,647
	=====	|
Special Activities	2,300	|	Interest on Savings	800

TOTAL, ALL INCOME

$76,414

Expenses

Pulpit Supply	$7,000	|	Worship supplies	$300
Furnishings	0	|	Bulletins	50
SS/MC contribution	0	|	Special services	200
Deferred compensation	0	|	Music	150
Major medical / pension	0	|	Organ / pianos	12,000
Medical set-aside	0	|	Sound system / other	100
Continuing education	0	|		=====
Utilities	2,000	|	Total Worship	12,800
Travel / Other	0	|
	======	|	Outreach	200
Total for pastoral services	9,000	|
		|	Sunday school	600
United mission giving	2,400	|	Youth	0
One Great Hour of Sharing	500	|	Fellowship	450
Pentecost offering	375	|	Nursery	50
Peacemaking offering	300	|	Community activity	200
Joy Gift	300	|	Transportation	100
Hunger	200	|	Library	50
Per capita assessment	1,800	|	Other	150
Special appeals (disasters...)	200	|		=====
Collections (e.g. Change for Change)	200	|	Total Christian education	1,600
Session disbursements	1,000	|
	=====	|	Office supplies / copies	200
Total benevolences	7,275	|	Treasurer	2,750
		|	Telephone	1,800
Electricity	5,300	|	Wedding coordinator	300
Insurance	9,000	|	Postage, mailings	500
Custodians, salary	1,900	|		=====
Cleaning, supplies	200	|	Total administration	5,550
Trash & water	600	|
Equipment & appliances	1,000	|	KY Sales tax	138
Church maintenance	6,000	|	Other	180
Manse maintenance	16,000	|		====
Pest control / Other	575	|	Total Miscellaneous	318
	=====	|
Total building & grounds	40,575	|
		|	TOTAL EXPENSES	$77,318

TOTAL INCOME - TOTAL EXPENSES = SURPLUS
$76,414 - $77,318 = -$3,949

The church projects a budget deficit of thirty-nine hundred dollars in 2025!