August 1st, 2025
by Bill Bryan
by Bill Bryan
This report briefly addresses finances at FUMC Fox Hill. The latest information is in the weekly bulletin available at church or through our web site.
As I write this in mid-July, I can report great news, good news, and some not as good.
Yes, it is summer and vacation time. Yes, you have been helping well for some really important projects. And yes, we need to pay all our bills. Your contributions count whether they are through the offering plate, in the mail, or on-line. Giving to the General (One) Fund gives us the flexibility to cover the most urgent cash flow requirements. If on-line is your preferred route, get started at our web site – www.firstumcfoxhill.org and click on Give. If you are reading this online, click here for easy on-line access. Or use your camera to scan this QR code which is regularly seen in our publications and live stream. For those with IRA funds which must be withdrawn and/or appreciated stocks, you may be able to achieve some added benefits by using them for direct contributions. Always talk with your tax and/or financial advisor before taking any unfamiliar action. Also talk with Bill Bryan, our Finance Chair, about your plans.
Please direct concerns/questions about FUMC FH finances to our financial staff via the office or Bill Bryan, Finance Chair, at (757) 851-0748 or by e-mail to billb-1111@cox.net.
As I write this in mid-July, I can report great news, good news, and some not as good.
- First, some great news: Our Youth Mission Trip to the Navajo nation was fully funded!!! When you read this, they will soon be back, if not already home.
- Some more great news is that our loan to repair/replace our building’s roof has closed and the funds are in our bank. The roofing company is working with us to schedule the work which is expected to take about 3 weeks once underway.
- The good news, actually also great, is that you, our super congregation, have been, and continue to be, generous with your contributions to both the youth and major maintenance projects. Donations to the boiler and roof campaigns have paid for our brand-new boiler and will allow us to make early extra payments on the roof loan principle. The extra payments will reduce our long-term interest expense. Keep up the great work!
- Finally, there are our routine monthly expenses. Our income to cover operating expenses from salaries, to utilities, to Apportionments, programs, maintenance, etc., are down and leaving us with a cash flow challenge. We know we have called on you for our major projects, but we still need to cover routine expenses. Please help us make those payments.
Yes, it is summer and vacation time. Yes, you have been helping well for some really important projects. And yes, we need to pay all our bills. Your contributions count whether they are through the offering plate, in the mail, or on-line. Giving to the General (One) Fund gives us the flexibility to cover the most urgent cash flow requirements. If on-line is your preferred route, get started at our web site – www.firstumcfoxhill.org and click on Give. If you are reading this online, click here for easy on-line access. Or use your camera to scan this QR code which is regularly seen in our publications and live stream. For those with IRA funds which must be withdrawn and/or appreciated stocks, you may be able to achieve some added benefits by using them for direct contributions. Always talk with your tax and/or financial advisor before taking any unfamiliar action. Also talk with Bill Bryan, our Finance Chair, about your plans.
Please direct concerns/questions about FUMC FH finances to our financial staff via the office or Bill Bryan, Finance Chair, at (757) 851-0748 or by e-mail to billb-1111@cox.net.
Total One Fund – Through June 2025 | ||
Income For Planned Expenses1 | $ 222,723 | |
Total One Fund Expenses (excludes pass through2) | Planned | $ 298,212 |
Actual | $ 228,129 | |
Pass Through Income2 | $ 2,675 | |
Pass Through Expense2 | $ 2,685 | |
“Pay-It-Forward” Contributions | $ 2,132 | |
LUMENs Fund Raiser Income | $ 25 | |
LUMENs Fund Raiser Expense | $ 0 | |
Roof & Boiler Repair Income 2025 | $ 82,227 | |
Roof & Boiler Repair Expense 2025 | $ 53,417 | |
1 Includes regular and memorial contributions, building use income, interest, not listed, etc. 2 Represents contributions for non-budget items, e.g., flowers, special mission programs, not listed, etc. |
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