Stewardship and Finance Update
Through September, revenues and expenses are tracking very closely with the 2024 Tapestry Church budget (approx. $35,150 monthly). Thank you to all who have been faithful in meeting and, in some cases, exceeding their commitment thus far in 2024. We are optimistic that we will finish the year in the black.
Planning for the 2025 budget year is underway. S & F has received requests from all teams with budget responsibility including Oversight (Christian Ed, Outreach, Connections, & Worship), Personnel, & Administration. If all requests are approved, monthly expenses will increase by approx. $1,000 - $1,200 per month.
A few weeks ago, Tapestry members approved the purchase of 50% of the building and property owned by Risen Lord. Funds from the sale of our former building will be used for this purchase thus avoiding the need for a mortgage. These funds have been invested in the Disciples Christian Church Foundation (CCF), an investment which generates revenues that have been used to help meet ongoing expenses for Tapestry. The withdrawal of the funds from CCF means a drop in revenue of approx. $2,600 per month.
Commitments for 2025 will impact Tapestry's ability to support and increase our ministry to demonstrate Christ’s love and hope to Johnson County and the greater world around us. We request that you prayerfully consider these challenges as you commit your time, talents, and resources towards the upcoming new year.