COUNCIL HIGHLIGHTS for December 19, 2011

Financial Report

General Fund Offering:

    November actual            $32,378

    November budget           $31,350

    YTD actual                    $393,568

    YTD budget                   $352,793

Net Income Over Expenses:

    November actual            $2,499 deficit

    November budget           $3,600 deficit

    YTD actual                    $18,592 deficit

    YTD budget                   $58,923 deficit

Budget Surplus Allocation-Approved a resolution that directs the allocation of any budget surplus beginning with 2011 towards operating cash reserve, the Sanctuary Renovation Fund and the Capital Project Fund.

Memorial Fund-Approved a recommendation from Finance Ministry to amend the Memorial Fund Resolution, requiring those seeking
a disbursement from the Fund to use a request form and that those requests must be approved by Finance, Pastor and Council.

Sanctuary Renovation-Approved the process of creating and implementing a master plan for sanctuary renovation.

Social Ministry Benevolence Request-Approved Social Ministry Benevolence Requests to Abilities Plus, Intouch Adult Care
Services and Immanuel Lutheran Church/Iglesia San Jose Obreras in East Moline.

Please feel free to contact any council member with concerns or questions you may have. The Council meets the third Monday of every month at 7:00 p.m. and the meetings are open to the congregation.