December 2018 Financial Report (Year End)

Summary to Date

2018 Budget Projected to Date

Giving (Income): $20,800.00

Local Ministry (Expense): $5,500.00

Building & Operations (Expense): $11,000

Personnel (Expense): $4,500.00

Total Projected Income: $20,800.00
Total Projected Expense: $21,000
——————
Total Projected Balance -$200

2018 Actual to Date for December (year end)

Giving (Income): $20,082.10

Local Ministry (Expense): $6,053.53

Building & Operations (Expense): $10,967.77

Personnel (Expense): $4,813.66*

Total Actual Income: $20,082.10
Total Actual Expense: $21,834.96
——————
Total Actual Balance - $1,752.86**

*This does not include $4,600 for a study trip the Sebring Elders have voted to pay for out of savings. With this extra expense YTD Personnel expense is $9,413.66

**YTD Actual Balance after study trip mentioned above -$6,352.86. Overages will be paid out of savings.

Budget

We are a campus of Grace Church of Sebring and are administrated by them. As such our budget is built in to their budget. To see the whole document click the link below. Items related to Grace Church of Ocala have been marked with green. Items referring to Pastor Todd McQueen have been transferred to Pastor Michael Lockstampfor without adjustment. If you have any questions please email office@ocalagrace.org.

2019 Budget Proposal

As we look forward to the work God will do in Ocala through Grace Church in 2019 we’re taking a few minutes to make a financial plan for the year. We want to share this with you because we’re planning to make some increases.

Grace Church of Ocala is a campus of Grace Church of Sebring and the team in Sebring has been working hard for years to help us become an established and healthy congregation. This year we will be taking responsibility for paying for our insurance, a cost that Sebring has been covering for the last several years. They have also recommended that we give Pastor Michael a pay increase as a cost of living adjustment. Both of these changes are reflected in the following proposed document.

The Sebring team takes care of many of our administrative needs and their elders include us in their budget which includes their congregation, a daycare ministry called Kid City and revitalizing another congregation in Lakeland, FL. You can view the whole budget proposal (with items related to our Ocala campus highlighted in green) below. The information is the same between these two documents.

Pastor Michael and Ryan will be travelling to Sebring December 16 where these budget proposals will be open for discussion and affirmation. If you have any questions please email office@ocalagrace.org.

November Financial Report

Summary to Date

2018 Budget Projected to Date

Total Projected Income: $19,066.67
Total Projected Expense: $19,250.01
——————
Total Projected Balance -$183.34

2018 Actual to Date

Total Actual Income: $18,127.62
Total Actual Expense: $19,427.20*
——————
Total Actual Balance - $1,299.58**

*This does not include $4,600 for a study trip the Sebring Elders have voted to pay for out of savings. With this extra expense YTD expenses are $24,027.20

**YTD Actual Balance after study trip mentioned above -$5,899.58

Budget

We are a campus of Grace Church of Sebring and are administrated by them. As such our budget is built in to their budget. To see the whole document click the link below. Items related to Grace Church of Ocala have been marked with green. Items referring to Pastor Todd McQueen have been transferred to Pastor Michael Lockstampfor without adjustment. If you have any questions please email office@ocalagrace.org.

October Financial Report

Summary to Date

2018 Budget Projected to Date

Giving (Income): $17,333.34

Local Ministry (Expense): $4,583.34

Building & Operations (Expense): $9,166.68

Personnel (Expense): $3,750

Total Projected Income: $17,333.34
Total Projected Expense: $17,500.02
——————
Total Projected Balance -$166.68

2018 Actual to Date

Giving (Income): $16,479.68

Local Ministry (Expense): $5,214.64

Building & Operations (Expense): $9,859.11

Personnel (Expense): $2,423.32*

Total Actual Income: $16,479.68
Total Actual Expense: $22,097.07
——————
Total Actual Balance - $1,017.39**

*This does not include $4,600 for a study trip the Sebring Elders have voted to pay for out of savings. With this extra expense YTD Personnel expense is $7,023.32

**YTD Actual Balance after study trip mentioned above -$5,617.39.

Budget

We are a campus of Grace Church of Sebring and are administrated by them. As such our budget is built in to their budget. To see the whole document click the link below. Items related to Grace Church of Ocala have been marked with green. Items referring to Pastor Todd McQueen have been transferred to Pastor Michael Lockstampfor without adjustment. If you have any questions please email office@ocalagrace.org.

September Financial Report

Summary to Date

2018 Budget Projected to Date

Giving (Income): $15,935.49

Local Ministry (Expense): $4,213.72

Building & Operations (Expense): $8,427.44

Total Projected Income: $15,935.49
Total Projected Expense: $12,641.16
——————
Total Projected Balance $3,294.33

2018 Actual to Date

Giving (Income): $14,686.68

Local Ministry (Expense): $5,637.15

Building & Operations (Expense): $9,254.59

Total Actual Income: $14,686.68
Total Actual Expense: $14,891.74
——————
Total Actual Balance - $205.06

Budget

We are a campus of Grace Church of Sebring and are administrated by them. As such our budget is built in to their budget. To see the whole document click the link below. Items related to Grace Church of Ocala have been marked with green. Items referring to Pastor Todd McQueen have been transferred to Pastor Michael Lockstampfor without adjustment. If you have any questions please email office@ocalagrace.org.