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PASTOR GENERAL'S
REPoRT
TO THE MINISTRY OF THE
WORLDWIDE CHURCH OF GOD
'VOL. 3, NO. 42
PASADENA, CALIFORNIA
REPORT FROM THE TREASURER'S OFFICE
NOVEMBER 6, 1981
The latest income comparison figures for the U.S. have just been given to me
by our accounting and budget area. This is the first such report for some
time because of the Feast of Tabernacles. Since the Feast last year was at
a slightly different time, according to the Roman calendar, we have not
been able to make valid comparisons with last year's income for about a
month until these new figures came in.
These new figures are very encouraging. The year-to-date increase as of
October 31 is 22.1% over the same period in 1980. The Holy Day offerings
during the Feast of Tabernacles were about 12% above last year's, which is
somewhat lower but still good considering very good Holy Day offerings last
year. I hope you are all continuing to ask God for continued good increases
so we may continue to expand in radio, television, and publishing.
--Leroy Neff, Treasurer
FROM MINISTERIAL SERVICES
Ministerial Expense Allotment Year-end Review
Now is the time to review your expense allotment. When your allotment check
is mailed it is sent in advance of projected expenses. At the end of the
year, the total of all allotment checks will be added to your W-2 form as
income.
Unless you can sufficiently justify to the IRS the business expenses that
match the expense allotments sent you, you will end up having to pay the tax
on it. In order to prevent this from happening you may want to review the
record-keeping requirements of the IRS and make sure that you have the
proper receipts and documentation.
The allotment check is only to be used for Church business expenses. If you
have received more expense money than you actually spent, you should return
the excess to the Church. We will need to receive the check no later than
the middle of December in order to credit the amount to your W-2 statement.
If we don't have it by then we can't be sure the necessary processing will
get done. What this means is that you will need to approximate the balance
of expenses for the rest of the year.
If you find that your allotment has exceeded your expense by a large amount,
you may want to consider reducing the allotment. If you want to do this,
please include a note to that effect with the check when you send it.
You should also review your festival expenses and return any unused festi
val allotment at this time. Please make separate checks for second tithe
funds being returned and your regular allotment.