2018 Midyear Financial Update

By: Davis Marksbury, Treasurer

South Elkhorn’s financial position remains in a strong condition as 2018 moves past the halfway mark. As of the beginning of July, giving was approximately 6.4% above expectations. Your generosity continues to be something to be commended. Our continued financial strength has provided the Cabinet with the opportunity to undertake some needed projects around the church. As a result, our expenses have crept up, expectedly, above budgeting. However, the Church does possess the capital to absorb this cost.

As it stands, our giving falls somewhat short of the necessary expenses of our church. We are fortunate to have certain large events, such as the upcoming Fall Festival, to provide a budget windfall in addition to funding our ministerial mission and community support. I believe, however, that we as a church family can strive to fulfill or exceed our church’s expenses. Doing so would give South Elkhorn the opportunity to continue to thrive into the future while also spreading Christ’s love in ways that were once beyond our means.

On a personal note, I would like to extend Stacie and my heartfelt gratitude to all members of the congregation for your prayers, thoughts, and well wishes during our son, Griffin’s, difficult entry into the world. It meant more than we can say and showed we are truly a family in Christ.

For more information or questions please feel free to contact me: leemarksbury@gmail.com.

2018 through July Financial Snapshot