The Grace Community Church Information blog is designed to keep our congregation up-to-date on the inner workings of the church. From Church Council decisions, to the progress of ministries and projects, to the status of our church budget, this website is the place to have your questions answered.

Wednesday, December 29, 2010

GCC Annual Budget Mtg Minutes (Dec. 19, 2010)

Grace Community Church

Congregational Meeting

Dec. 19, 2010

Facilitator: Pastor Guy Basso

Pastor Guy opened in prayer.

Ministry reports were distributed for individual review.

Confidential ballots were distributed for the membership to elect new Council members. The ballots included the following nominations:

Moderator: Tim Howard

Secretary: Annette Anderson

At large member: Blain Harris

At large member: Daniel Porter

All nominated individuals were confirmed by the membership vote.

Jim Cross provided copies of financial statements for the year ended August 31, 2010; Year to date November 30, 2010 and an updated budget for the church’s capital improvement activities.

The capital improvement budget has been updated after receiving more accurate numbers for foyer and fellowship hall improvements. Estimates for master planning and general contracting were eliminated because they are no longer needed. The estimated cost has decreased overall.

Questions were raised regarding the terms of our outstanding Citizen’s Bank loan and plans to incur further debt. So far, the Church has not incurred any additional debt for the repair and updating that has been completed. In the previous congregational meeting in January 2010, the initial budget for capital improvements had been approved with the understanding that it would likely mean incurring some debt.

Motion: a motion was made to hold another membership meeting in the near future to determine if debt should indeed be incurred for the facility updates. The motion did not pass.

Pastor Guy closed in prayer.

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