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Budget Resolutions

[ 1 ] RESOLVED, That the 2012 Assessment Budget presented herewith be adopted; and be it further

[ 2 ] RESOLVED, That the Controller shall apportion in accordance with Sec. 1(12) of Canon 18, each congregation’s share of the 2012 budget of $9,365,000. According to Canon 18, Sec. 1 (4), this is to be paid by each congregation in four installments on the fifth day of January, April, July and October 2012; and be it further
[ 3 ] RESOLVED, That the congregations which have made payments of principal sums to the Trustees of the Episcopal Fund be credited on their assessments with the amounts so paid at the average rate earned on the principal of the Episcopal Fund for the calendar year 2012.

Please note that all questions or comments will be moderated for relevance.

2 Responses to Budget Resolutions

  1. Jean Campbell says:
    January 7, 2012 at 8:59 pm

    What is the rational for the increase in line 12?
    Is the Diocese of NY paying the full asking of the National Church? If not, why?

  2. Chris Atkinson says:
    January 13, 2012 at 2:20 pm

    Does there need to be a technical correction to the timing of payment of assessment?

    Resolution currently states that assessment “is to be paid by each congregation in four installments on the fifth day of January . . . 2012″ which seems odd, given the resolution is to be passed on the 14th of January.

    Regards,