A special voting meeting of the Membership will be held after service Sunday, May 13th in the Thomas Starr King Room. The meeting will discuss the shortfall in income and funding of emergency building repairs that have been made since July 1, 2017.
The Membership will be asked to vote on a proposed resolution:
Resolved, the money spent for emergency building maintenance since July 1, 2017 through June 30, 2018 shall be funded from the “Board restricted” funds in the Building Maintenance Fund, and
Resolved, the Board and Administration are asked to take steps to reduce the projected deficit through additional fundraising and cutting of expenses, and
Resolved, any shortfall in revenue and expenses for the church year ending June 30, 2018 shall be funded from operating reserve.
More details will be posted on this blog and and sent to members in the coming days. The Finance Committee is meeting tonight (April 30th) and preparing more information to share.