3rd Quarter Financial Update
In cased you missed the excitement, this past Sunday I gave a very brief 3rd quarter report on the financial health of Metro Church. I started with this slide:
As you can see we have spent $32,000 more we have received so far this year. Our only source of income is contributions from the congregation. We don’t have an endowment or any other source of funding. Our Leadership Team has wisely determined that Metro should always have some funds in reserve. As you can see, we have used $32,000 from reserves to cover the difference between Income and Expense. Hopefully we can replenish the reserve funds before the end of the year.
Then I showed this slide: