May Treasurer's Report
The Vestry approved the 2019 Mission Spending Plan (MSP, aka our Budget) in January 2019. It is projected to have a $26.7K deficit. See how we are doing to make up that deficit! Our year-to-date (YTD) actual and budgeted expenses are almost exact, but our income is ahead of the YTD budgeted amount by more than 14,000!
Our income as of April 30, 2019 is ahead our projected YTD income budget by almost 15%! For the same period, our expenses were slightly below our projected YTD budget. St. Michael’s has 72 pledges totaling $258,480 in 2019. Twelve of these pledges are now complete. As of May 5, 2019 (34% of the year completed), we have received $118,272, which is 46% of the pledged total!
Read the full report here.