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PASTOR GENERAL'S
REPORT
TO THE MINISTRY OF THE
WORLDWIDE CHURCH OF GOD
VOL.5, N0.18
PASADENA, CALIFORNIA
REPORT FROM THE TREASURER'S OFFICE
May 5, 1983
MAY 6, 1983
We now have the income and expense figures through April. This, surpris
ingly, is already one-third of the year. It doesn't seem possible that time
has passed so quickly. We still have not seen an upturn in income, though
considering the past and current economic conditions, we have done well.
Income for the month of April was 13.9 percent more than last April, which
brought the year-to-date through April to a plus 11.1 percent over the same
period a year ago.
Bank balances are approximately the same as they were a year ago. It seems
that one week we will be above last year, and the next week we will be below
last year. Expenses are still high, and current projections show a deficit
of about $125,000 by the end of the year. I expect that figure to improve
soon and that we will have some increase to reserves before the year is out.
A number of you have expressed your interest and appreciation for these
reports. I hope they are helpful and informative for all of you.
FROM MINISTERIAL SERVICES
**** TOBE ANNOUNCED ****
New U.S. Mailing Address
--Leroy Neff, Treasurer
All members should have already received a new supply of
envelopes from Pasadena with the new mailing address.
Please
discard all envelopes you have on hand with the Tucson mailing
address.
If you should find it necessary to use your own personal
envelopes, be sure to include your PLAIN TRUTH index number for
efficient and accurate processing.
The Tucson address is no longer to be used for sending in tithes
and offerings or other correspondence with the Work. The address
to be used in the United States is:
Herbert W. Armstrong
Pasadena, CA 91123