The Diocesan Budget Explained 2015

Transcription

1 The Diocesan Budget Explained 2015 Supporting the mission and ministry of the Diocese of Rochester

2 Each year the Diocesan Synod approves a budget for diocesan expenditure. This includes the cost of deploying our clergy as well as other national and local costs in support of our mission and ministry in our communities. The following slides summarise and explain the 2015 budget for the Diocesan Synod.

3 How is the budget drawn up?

4 Drawing up the budget is carried out each year with the involvement of the Bishop s Council as Directors of the Diocesan Board of Finance, advised by the Finance Committee, Team Directors and senior members of diocesan staff. Each item of expenditure is carefully scrutinised in the light of priorities set by the Bishop and the Bishop s Council.

5 Changes for 2015 The Offer System

6 In 2015 there will be a major change in the process. We are moving away from a calculation based system of parish share to one that is based on an offer system. Parishes will be asked to make an offer as to what they are able to contribute to meet diocesan costs, both stipend costs for parish clergy and towards other diocesan support costs. This is hoped to be more transparent all round and also acknowledges that parish contributions should be made as a free will offering.

7 2015 Budget - Income 6% 7% 3% 2% Parish 'Offers' 9.97M Grants & Donations 0.20M Dividends & Interest 0.40M Rental Income 0.83M Other Income/Special Funds 0.76M 82%

8 2015 Budget - Expenditure 5% 13% 9% 1% 4% 12% Initial Ministry Training 1.64M Deployed Parochial Clergy 6.73M Clergy Housing 1.63M Other Mission & Ministry Support 0.58M Other Resourcing Support 1.09M Pension Scheme Deficit 0.17M 56% National Church 0.45M

9 Our expenditure explained 1,653,900 - funds the stipends, housing, pensions of 24 curates in training and all other related costs Includes the national and local costs of selecting and training ordinands. Contributions from parishes through the offer system will cover 1,128,940 of these costs (68.3%). 391,710 (23.7%) is funded from investments in the Stipends Fund. 133,250 (8.0%) is funded from other sources.

10 Our expenditure explained 8,308,970 - funds the stipends, housing pensions and training of our (fte) deployed clergy and all related costs Contributions from parishes through the offer system will cover 7,397,720 of these costs (89.0%). 552,050 (6.7%) is funded from investments in the Stipends Fund as targeted support for those areas needing financial assistance. 359,200 (4.3%) is funded from other sources.

11 Our expenditure explained The estimated average costs of deploying a full-time minister in our Diocese in 2015 are: Stipend 25,405 National Insurance 2,045 Pension 9,050 Housing* 8,500 Training, Grants & Admin 1,620 Oversight 1,550 Total 48,170 * Repairs, improvements, insurance and admin, etc, are paid for by the DBF; other costs such as council tax and water rates are paid for by PCCs

12 Our expenditure explained 583,900 - funds our teams which give support, advice and training for local mission and ministry This covers such things as: Training and development for lay ministries Support for youth and children s work* Training and support in evangelism, church growth and community engagement * Our work with church schools is almost completely funded from educational trust income through the Diocesan Board of Education.

13 Our expenditure explained 1,088,700 - funds all our other diocesan resourcing and support which, among other things, includes: The DAC The Chancellor, Registrar and other legal advice providers Stewardship Statutory diocesan bodies and trusteeship roles Communications and IT Safeguarding and HR Project management Accounts and committee administration In addition, we also contribute a further 168,000 to fund the accrued deficit on our pension scheme for lay diocesan employees (some funding for this comes from external sources).

14 Our expenditure explained 444,900 - funds our contribution to the national church This covers such things as the work of General Synod, the Archbishops Council and the House of Bishops, and includes: The Mission and Public Affairs Division relating the Christian faith to issues of national concern The Ministry Division overseeing ministerial training and development at national level The Cathedral and Church Buildings team seeking to influence national policy and encourage creative use of our buildings

15 An overview Population 1.28M Bishops 2* Area 542sq miles Cathedral Clergy 3* Parishes 219 Archdeacons 3 Churches 264 Stipendiary clergy (fte) Ministry Houses 225 Self-supporting clergy 44 Electoral Roll 25,000 Licensed Chaplains 28 Average Adult Weekly Attendance 20,900 Licensed/authorised lay ministers 700 approx Total Parish Income 25.0M (est) Clergy in diocesan roles 9.1 (fte) Church Primary Schools 83 Lay people in diocesan roles 30.7 (fte) Church Secondary Schools 6 fte = full time equivalent Posts marked * paid for by Church Commissioners

16 We are pilgrims on a journey, and companions on the road; we are here to help each other walk the mile and bear the load.

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