Budgeted Ministry Plan

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2024 Ministry Plan

Funding Our Church Budget

Pledge Season 2024


2024 Ministry Plan Funding Our Budget Operating Expenses and Equipment

Insurance, Utilities (Electricity, Gas, Water), Vehicles, Waste/Recycle, Phone/IT, Marketing, Office Supplies, Office Equipment/Leases, Custodial Supplies, Database Support, Financial Services/Fees 2023 Budget $481,000 20.5%

Increases in insurance and utilities due to inflation.

2024 Budget $542,300 21.8%

Facility Contracts, Repair and Maintenance

Monitoring Services, Mechanical Services, Grounds Care, General Maintenance, Preventative Maintenance, Custodial Services, Facility Improvement, Facility Repair 2023 Budget $204,000 8.7%

2024 Budget $204,000 8.2%

Salaries

Ministers and Support Staff 2023 Budget $985,113 42.1%

Cost of living increase, expanded staff hours for growing ministry support.

2024 Budget $1,026,946 41.3%

Benefits and Personnel Expenses

Life, Health, Disability, Taxes, Payroll, Other Personnel Support/Benefits/Expenses 2023 Budget $327,000 14.0%

Increased costs based on payroll taxes and benefits that track with salary adjustments.

2024 Budget $357,900 14.4%


Worship Ministries

Music and Worship Programs, Supplies and Support 2023 Budget $55,300 2.4%

2024 Budget $55,300 2.2%

Faith Formation and Education Ministries

Nursery, Children, Youth, Adults (Learning, Supplies, Activities and Support) 2023 Budget $75,174 3.2%

2024 Budget $74,575 3.0%

Outreach and Connection Ministries

Community Care, Outreach, Programs, Events, Women’s Ministry 2023 Budget $31,400 1.3%

2024 Budget $31,400 1.3%

Missions

8.5% of the lesser of total budget or total contributions dedicated to mission funding and support. 2023 Budget $183,520 8.5%

This number is a holding place. It could range between this budgeted amount up to $207,000.

2024 Budget $194,855 8.5%

Total Budget Fiscal Year 2024/25 2023 Budget $2,342,507

Increase in budget $144,769

2024 Budget $2,487,276


Dear Smoke Rise Members, The Finance Committee and Deacons have approved this church budget for fiscal 2024 for your review. You will have the opportunity to discuss the new budget and to ask questions pertaining to it during two question and answer sessions on Wednesday, February 28 at 4pm and 5pm in room 223 or via Zoom using the meeting ID Number: 852 8133 3413 and password: SRBC (all uppercase). You can also access the zoom link at smokerisebaptist.org/budget-qa/ or in that week’s Wednesday Preview email. The church will vote on the budget immediately following worship on Sunday, March 10. The budget we present to you represents many hours of work and careful review. As chair of the finance committee, I am grateful for the hard work of our budget subcommittee with the assistance of our associate pastor, finance manager and church treasurer. We are also grateful for the coordinated input of our personnel committee as part of our annual review and preparation. I urge you to prayerfully respond to the leadership of our stewardship committee by pledging your support toward our budgeted ministry plan in the new fiscal year that begins on April 1. With gratitude, Jeri Boland, Finance Committee Chair


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