Financial Update:
The following represents our Year to Date (YTD) May 2020 General Fund performance as compared to the same period last year Last Year:
| $ | YTD May 2020 Actual | YTD May 2019 Actual |
| Receipts | 61,000 | 62,000 |
| Expenses | 93,000 | 105,000 |
| Current Year Surplus/(Deficit) | (32,000) | (43,000) |
Items of Note:
- Thank you to all who contributed to our “Giving Tuesday Now”campaign! This campaign raised $2,000 which is included in our YTD May 2020 Receipts.
- Also included in YTD May 2020 Receipts is $6,000 in government wage subsidies.
- YTD May 2020 Expenses include a $4,863.24 credit (refund cheque) received from the Waterloo Wellington Presbytery following a decision by Presbytery to refund Presbytery/Synod dues for 2020.
Thank you for your ongoing support to St. Andrews during this crisis. Please pray for our continued collective responsive to the needs of our General Fund.
Donald Paddock
Stewardship Chairperson