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PASTOR GENERAL'S
REPoRT
TO THE MINISTRY OF THE
WORLDWIDE CHURCH OF GOD
VOL.S, N0.41
PASADENA, CALIFORNIA
REPORT FROM THE TREASURER'S OFFICE
NOVEMBER 11, 1983
Last month I mentioned that September and October are difficult to compare
with the same months for previous years, because the festivals do not fall
on the same dates according to the Roman calendar. By the end of October,
the combined months can be compared realistically.
When you compare months alone, we had a minus 18.3% for September; but in
October, we had a 107.1% increase! This sounds like a tremendous increase
for October, but when combined with September, we actually ended with a
17.2% increase for the combined months. When we compare this for the year
to date, we ended October with a 13.1% increase over last year.
From this one might jump to the conclusion that we have had a considerable
increase, but when we look at it for the whole year, January, February and
March were on a decided downward trend, and since then, with the exception
of August, there has been a slight upward trend. So far in November, we
have seen a decrease from these figures.
In summary, let me say that even though the general trend is up, with a 12%
or 13% increase, we still do have periods when the increase is not that
great.
The budget team has been busy preparing for the 1984 budget.
We finally
have a program (or formula) to produce a balanced budget to present to Mr.
Armstrong.
Major factors this year are the new Social Security tax on
employer and employee (not including ministers), a decrease in assistance
for the international areas from Canada of about $800,000, increases in
radio and television rates of up to 15%, and increased costs in paper for
our publications.
As always, your concern and prayers about the financial needs are much
appreciated.
AMBASSADOR COLLEGE UPDATE
(Big Sandy Campus)
--Leroy Neff, Treasurer
The college here in Big Sandy is coming along very well and all of us are
enjoying being here. Mr. McNair has written regularly and kept you up to
date on the college so I haven't felt it appropriate to repeat what he has
already said. I do now want to pass on our greetings to all of you and
extend an invitation to stop by the campus if you are ever in our area.
There is a particular point I would like to briefly discuss on behalf of
both campuses. We are at the time of year when we need your help to make
next year as profitable as possible. I am speaking of help in regard to