1. September 11, 2012
Financial Advisory Committee: Rhoda Lehrke, Don
Pedersen, Dave Hedtke, Gerald Schmidt, Pastor Shoup,
Pastor Palmer, Frank Wegner

2. 2012 Potential Shortfall
January 1, 2012 163,000
This is above the $65,000 escrow loan we
begin 2012 (Bonduel State Bank)

3. Weekly Offerings
As of August 31, we are up 6.1% over 2011
($30,000)
We have an additional Sunday in 2012
($10,000)

4. Tuition and Fees
Education fee increase for 2012/2013 school
year -from $500 to $575
Brings in about $5,000 in additional income.

5. Other Income
SCRIP - Projected Church General Fund
receipts for 2012 from SCRIP – We just
revised this amount from $20,000 to $10,000
based on current SCRIP receipts from this
program. ($10,000)
Other Income ($3,000)

6. Expense Adjustment Savings
Plant Operations - utilities and maintenance
($5,000)
No Operating Debt reduction - $5000 was budgeted.
($5,000)
Delay purchase of science textbooks
($10,000)
Cut Before School portion of Before/After School
Program
($1,000)

7. Current 2012 Projected Deficit
$84,000

9. Current Escrow
(Bonduel State Bank)
August 31, 2012 $122,000
Current Internal Borrowing $20,000
General Fund Operating Debt $142,000
Current Escrow Limit $150,000

10. Bonduel State Bank July 24, 2012
Is okay with raising Escrow to $175,000
No closing costs
Interest to remain at 6.85%
If more is needed, a separate 90 day loan can
be sought by the congregation.

11. Salary Guidelines for 2012

12. Original Salary Table (Prior to 2010)