2017 BUDGET PRESENTATIONFBK Budget/Finance Committee

2017 BUDGETGoals for 2017 Budget

1. Increase Cooperative Program missions giving to meet 10% of budget goal in 10 years

2. Increase support for expanding Kids, Students, Community, and Worship Ministries

3. Upgrade part-time KIDS@FBK Ministry Coordinator to full-time position

2017 BUDGET2017 Budget Results

1. Cooperative Program missions giving increased $18,000 to $90,000 (5.2% of total budget)

2. Budgets for Kids, Students, Community, and Worship Ministries all increased

3. Full-time Kids@FBK Ministry Coordinator funded through budget and Vision Fun(d) resources

4. Total budget increase of 3.49% to $1,730,904

MISSIONSBudget Item 2016 2017

General Giving - Tithes $1,672,500 $1,730,904

MissionsCooperative Program $72,000 $90,000Associational Missions $1,200 $1,200FBK Mission Strategies $1,500 $750Evangelism $1,500 $0*Africa Missions $2,400 $2,400Montreal Church Plant $2,400 $0**

Total $81,000 $94,350

2017 BUDGET

* Funding Moved to Pastoral Line for Planned Evangelism Event** Commitment to Montreal Church Plant Complete

PASTORALBudget Item 2016 2017

PastoralHonoraria Fund $1,200 $1,200Book Fund & Discretionary $1,500 $1,500Discover FBK $2,600 $0*SBC/SBCO/GDBA/Professional $3,250 $3,250New Ministry Opportunities $1,250 $6,000**

Total $9,800 $11,950

2017 BUDGET

* Funding Moved to First Impressions Team** Includes Evangelism Funding

DISCIPLESHIP MINISTRIESBudget Item 2016 2017

Discipleship MinistriesSunday School $15,900 $15,900Community@FBK $1,500 $4,000Kids@FBK $16,700 $17,700Students@FBK $13,000 $14,000College & Career $2,500 $0*Women's Ministries $750 $750Senior Adults $1,200 $1,200

Total $51,550 $53,550

2017 BUDGET

* Funding Moved to Community@FBK

WORSHIP MINISTRYBudget Item 2016 2017

Worship MinistriesWorship@FBK $14,550 $22,250*

Total $15,000 $22,250

2017 BUDGET

* Includes Funding for Temporary One-Year Increase for Honorariums During Sabbaticaland Funds Transferred from Personnel Line to Support Digital Media Support

ADMINISTRATIVE MINISTRIESBudget Item 2016 2017

Administrative MinistriesOffice Equipment $10,500 $12,000Office Supplies $5,500 $5,500Telephones $3,800 $0*Stewardship $2,500 $1,500Volunteer Mgmt. Supplies $200 $0Postage $2,500 $3,000Independent Accounting Review $4,500 $4,500Cash Reserve $13,000 $13,250Capital Improvements $5,200 $5,300

Total $47,700 $45,050

2017 BUDGET

* Funds Moved to Utilities

SERVICE MINISTRIESBudget Item 2016 2017

Service MinistriesFirst Impressions Ministry Team $2,000 $5,500*Bereavement Ministry Team $2,000 $2,000Security Ministry Team $1,000

Total $4,000 $8,500

2017 BUDGET

* Includes Funds from Discover FBK and Coffee Café

FACILITYBudget Item 2016 2017

Property and MaintenanceInterest (Principal-Bal Sheet) $666,125 $665,254Facility Maintenance $22,014 $23,000Custodial Supplies $5,500 $4,500Insurance $12,500 $12,500Reducing the Risk $1,500 $1,500Utilities $112,000 $115,000

2017 BUDGET

FACILITYBudget Item 2016 2017

Property and MaintenanceTransportation $7,500 $6,000Equipment & Grounds $13,000 $10,000Real Estate Taxes $3,000 $3,000IT Equipment Maintenance $7,000 $7,000Lighting $3,500 $3,500Kitchen Maintenance $1,000 $0*

Total $854,639 $851,254

2017 BUDGET

* Funds Moved to Facility Maintenance

PERSONNELBudget Item 2016 2017

PersonnelTotal $609,261 $644,000

2017 BUDGET

Summary

– Cooperative Program missions giving increased and on target to achieve 10% of total budget by 2021– Goals for increases to ministry area budgets met– Full-time Kids@FBK Ministry Coordinator funded

through the budget and Vision Fun(d)– A review of this budget will be made in the Spring to

adjust as needed based on giving trends

2017 BUDGET

Next Steps

– Q&A sessions with the Finance Committee• Sunday, November 6th: 10:30 – 11:00a• Wednesday, November 9th: 5:30 – 6:00p• Sunday, November 13th: 10:30 – 11:00a

– Business Meeting Discussion – Sunday, November 20 – Church Vote – Sunday, December 4th (Both Services)

2017 BUDGET