Half Yearly Financial Update
We are pleased to let you know that throughout the first half of 2016, your contributions to Redeemer exceeded expectations by $27,000! This puts us at 103.5% of where we needed to be for the 6-month period and is $70,000 more than what we received in the first half of 2015.
This is such a beautiful picture of God’s faithfulness to his church and the way our congregation has remained focused on what God is doing instead of the potential awkwardness of being in a time of transition. Thank you for your continued generosity and faithfulness!
Staff has also worked hard to keep expenses within budget. Expenses were 95% of what was projected for the period, leaving us in a good financial position.
As you may recall from the 2015/2016 Annual Report, the income of the 2016 budget was based on contributions received in 2015. This is higher than what was budgeted for projected expenses in hopes that we will be able to increase our savings to a healthy place. As of now, we are on target to meet that goal. Meeting (or exceeding!) our budget will be a sweet gift to our next pastor and a wonderful situation for him to walk into. Thank you for walking with us in this exciting time and continuing to be a part of what the Lord is doing in and through Redeemer.