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Why do we - - - Have a Budget?

Why do we - - - Have a Budget?. Subtitle. What we do. In November or December of each year you are given a budget for the coming year. Each month there is a published report on the income and expenses. The elders keep you informed of changed to the planned budget. Why do we do this?.

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Why do we - - - Have a Budget?

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  1. Why do we - - -Have a Budget? Subtitle

  2. What we do • In November or December of each year you are given a budget for the coming year. • Each month there is a published report on the income and expenses. • The elders keep you informed of changed to the planned budget. • Why do we do this?

  3. For many years we did not have a budget • The money given on Sunday was deposited in the bank. • The bills were paid. • As long as there was some money in the bank – it is OK. • But the requirements are more than that.

  4. Simple Economics - Explained • When your outgo - - - Exceeds your income - - - That is the upstart - - - Of your downfall.

  5. There are Bible reasons for a budget1 – God plans ahead • Jeremiah 18:11 "Now therefore, speak to the men of Judah and to the inhabitants of Jerusalem, saying, 'Thus says the LORD: "Behold, I am fashioning a disaster and devising a plan against you. Return now every one from his evil way, and make your ways and your doings good." ‘ “ • God planned for our salvation before the foundation of the world. • God planned every detail of the birth of Christ, His life, miracles, parables, arrest, crucifixion, betrayal, burial, resurrection and ascension.

  6. There are Bible reasons for a budget2 – We are expected to plan ahead • James 4:13-15 Come now, you who say, "Today or tomorrow we will go to such and such a city, spend a year there, buy and sell, and make a profit";  14 whereas you do not know what will happen tomorrow. For what is your life? It is even a vapor that appears for a little time and then vanishes away.  15 Instead you ought to say, "If the Lord wills, we shall live and do this or that."

  7. There are Bible reasons for a budget3 – Elders must plan • Elders must plan: • The work – Acts 6 • Support for missionary work - Evangelism • Support for local needs - Edification • Support for those in need - Benevolence

  8. There are Bible reasons for a budget4 – The church must plan • The church must plan • For reaching the community • For growth • For the unexpected

  9. There are Bible reasons for a budget5 – The budget is a plan for the year • What do we anticipate will be the income? • What are the regular expenses? • What are some extra costs we plan to have in the coming year?

  10. There are principles for planning a budget • 1. Don’t spend more that you bring in • 2. Set aside money for annual bills • 3. Underestimate your income • 4. Over estimate your expenses • 5. Anticipate seasonal flucuations

  11. There are principles for planning a budget • 6. Have an emergency plan • 7. Include an ongoing building maintenance plan • 8. Communicate the needs and plans to the entire church

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