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PASTOR GENERAL'S
REPORT
TO THE MINISTRY OF THE
WORLDWIDE CHURCH OF GO�
VOL.6, N0.38
PASADENA, CALIFORNIA
REPORT FROM THE TREASURER'S OFFICE
SEPTEMBER 7, 1984
With two-thirds of 1984 now over, it is time once again to evaluate our fi
nancial situation. (Of course, we in Financial Services are continually
doing this throughout the month and not just at month's end.) God has again
blessed His Church with a good increase over last year. August ended with
an increase of 14.0% and
the
year-to-date
increase
was 14.7%.
In spite of this good increase, we expect to have the lowest reserves of the
entire year during the next few weeks. Perhaps some of you do not under
stand why we have such low points. Simply put, our income and expenses vary
greatly throughout the year. During this present year, income is expected
to vary by 7.5 million dollars between our highest and lowest month. And
expenses will vary by 5.6 million dollars between the highest and lowest
month. Each month is a totally different "ball game" as far as both income
and expense are concerned. We try to plan ahead for these large variations,
but sometimes our planning is not as good as it should be.
Another factor is the holy day offerings, which come in the spring and fall,
and which are in addition to regular tithes and offerings. They temporari
ly boost the bank balance, but we gradually use this up by the next holy day
season. Therefore, we normally have a constantly changing situation, with
other occasional unexpected changes in either income or expenses. Unless
we have sufficient reserves, our problems are increased, and so far this
year reserves have not been sufficient.
In addition to these factors, our present situation is further complicated
by an expense overage by the departments. We hope to correct this situation
before the end of the year, but it has come unexpectedly at the most diffi
cult time of the year.
I hope this brief explanation will help you understand the current finan
cial situation in God's Church. Because of the Feast and PASTOR GENERAL'S
REPORT scheduling, my next report will be in November. It will contain in
formation about finances for both September and October.
In the meantime, we here on the staff at Pasadena hope and pray that God
will richly bless all of you wherever you observe God's festivals, and that
you will have a spiritually and physically rewarding Feast!
And now for a special request to all of you who are Church pastors. Because
of the present cash flow problem, it is needful that--if at all possible-
you have the holy day offering for the Feast of Trumpets taken up at the
morning service. Then please have the offering mailed by noon on that day,
or as soon as possible before the post office closes. The Day of Atonement
occurs on the weekly Sabbath. If you have a morning service, we would ap
preciate your following the same instructions. Your cooperation and help
in this would be most appreciated.
--Leroy Neff, Treasurer