5/6/2023 0 Comments Church budget planningWhat is too much or too little? Vanderbloemen shared that a personnel budget running lower than 40% or higher than 65% would both be numbers that might indicate need for some study and review.īuilding/facility costs that exceed 30% of total annual budget make it very difficult to balance the ministry and personnel categories. I’ve witnessed too many times the church heavily burdened with a debt load of 4-6 times their annual income (don’t ask how they managed to take on that much risk), with a mortgage payment that simply doesn’t fit into the annual budget. I am seeing more and more the outsourcing of several areas previously handled by church staff, including communications (print design, website creation and management, video production of church announcements, etc.) and finance (accounting, payroll, etc.).
0 Comments
Leave a Reply. |