Giving increases, but deficit remains
Giving to the Ohio Conference was higher during November than during October, but expenses still outpaced receipts during November.
According to figures provided by Ohio Conference Financial Coordinator Stan Helmuth, receipts for November totaled $28,450, compared with just $13,169 during October. Of November’s total, congregations gave $26,386, individuals gave $2,050, and the remaining $14 came from interest income. Expenses for November totaled $29,658, resulting in an operating balance of -$1,208 for the month.
As of Nov. 30, the Conference’s year-to-date operating balance stands at -$36,576. The Conference fiscal year ends March 31, 2019.