A 2019 financial update from the Mountain Sky Council on Finance and Administration

November 04, 2019
Submitted by the Rev. Dr. C. Dennis Shaw
Statistician, Mountain Sky Conference, UMC

This update from the Mountain Sky Conference's Council on Finance and Administration outlines where we are financially at this point in our year. As we indicated last month in this article, the message continues to be mixed. Our income is down. Because income has been down, we have continued to suppress expenses to ensure that we finish the year in a positive cash position.

Figure 1 shows aggregate income to the Conference since Jan. 1, 2018.

The green columns represent how we did last year. The orange columns represent how we are doing this year. The solid line represents the income needed to meet our 2018 and 2019 budgets.

Graphic for Figure 2Figure 2 shows income by month. The same green (2018) and orange (2019) logic applies. The solid line, in this case, represents the necessary income by month for us to have sufficient income to meet our budget.

Our September 2019 income was quite similar to our September 2018 income.This is good news, and your Council on Finance and Administration says thank you.  We will provide you an update on this again as the information for October becomes available.

Figure 3 displays where we are in terms of income compared to expenses.

The expenses from clergy move reduced our positive income over expenses to a little under $70,000. We will continue to monitor expenses closely.
Graphic for Figure 3
To restate from our article last month: “The Mountain Sky Budget is mission-focused. The mission of the Mountain Sky Conference is to live in God’s grace and abundance as we lead a re-energized peaceful and compassionate movement to claim the life-changing love of Jesus Christ for ALL people.

We focus on this mission by:
  • Renewing and establishing vital congregations.
  • Developing leaders who are gifted at empowering local churches and laity in the Church’s mission.
  • Establishing new faith communities to meet the needs of our unique mission field.
  • Supporting the United Methodist transformational mission worldwide.

Those verbs – to renew, to develop, to establish, to support – require resourcing. Our mission connects us all, both locally and globally. We continue to need you to resource this mission and these foci.”

We will keep you posted monthly on how we are doing in this area. Please direct comments and questions to revdennisshaw@gmail.com or the Conference Treasurer Noreen Keleshian at nkeleshian@mtnskyumc.org or 303-325-7051.