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WESTMINSTER ST. FAUL’S PRESBYTERIAN CHURCH
TREASURER’S REPORT
DECEMBER 31, 1990
2. Statement of Revenues and Expenses,
Revenues
Revenues for 1990 were $94,649 compared to $93,132 in 1989. There
were donations of $849 to Crieff Hills and $3,902 to the Property
Fund.
Expenses
Expenses in 1990 were $96,555 compared to $92,575 in 1989,
Surplus
The surrius was $93, compared to a budget of $(335) and $564 in
1989,
3. Schedule of Church. and Manse property expenses.
The Schedute outlines the detailed expenses incurred in 1990 and
é 1989.
Capital expenses in 1990 were paid for from the Property improve-
ment fund.
4+. Proposed Budget - 1991
Revenues
The decrease in revenues budgeted far 1991 compared to the actual
i390 revenues was due te special donations to the Property Fund
in 1990 fram members of the Congregation
Expenses
The basis for tudgeting each item has been indicated on the pro-
Posed budget schedules.
There was no increase budgeted far accounting fees in 1971.
Again: improvements to the Church or Manse properties wili be
funded fram the Property improvement fund.
Your Treasu
Ray Lu
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