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PASTOR GENERAL'S REPORT, JUNE 4, 1982
PAGE 2
REPORT FROM THE TREASURER'S OFFICE
May has been another trying month for the financial area.
statistics week by week:
Here are the
Week Ending:
Month to Date
Year to Date
May 7
+39.8%
+13.2%
May 14
+10.3%
+11.7%
May 21
+ 6.1%
+10.9%
May 28
.2%
+ 9.3%
We were obviously encouraged at the beginning of the month, but saddened by
the final figures. The final figures include the whole month of May as
banks were closed for the rest of the month. These percentage figures would
be very encouraging for many U.S. companies right now, as some are having
very rough times. In our case, about a year ago we started expanding
greatly in radio, TV and publishing. We want to continue that expansion,
but have had to virtually halt it for now until funds increase substan
tially.
The 1982 budget was geared to about a 15% increase over last year. With
only a 9.3% increase in income we will have to hold down expenditures con
siderably. We are endeavoring to do this and are now taking further steps
to slow down expenditures. Most departments are doing a good job in this
regard.
The preliminary Pentecost holy day offering figures are now compiled. The
total increase is 11.8% more than last Pentecost. This is a good improve
ment over the first two holy day offerings which were initially +4.5%, but
late offerings have increased it to 6.3% over last year.
The Mail Processing Center has supplied me with some encouraging figures.
Our co-workers have increased 12% over the same period last year and donors
have increased by 110%. This is a very good indication, but these new con
tributors have not yet made a significant impact.
Hopefully they will
soon.
--Leroy Neff, Treasurer
FROM MINISTERIAL SERVICES
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