Giving increases but deficit remains
Giving to Ohio Conference increased during February, but that increased giving did not completely eliminate the Conference’s year-to-date operating deficit.
According to figures provided by Financial Coordinator Stan Helmuth, receipts for the month totaled $47,672, including $45,248 in giving from congregations. Expenses for February totaled just $21,671, resulting in a surplus of $26,001 for the month.
That surplus helped to improve the year-to-date operating balance, although the Conference was still running a deficit as of the end of February. As of Feb. 28, the Conference’s operating balance was -$18,211. The Conference’s fiscal year ends March 31, 2023.