The General Council on Finance and Administration board gave approval for the finance agency and others to apply for small-business loans under the U.S. CARES Act.
Finance leaders decided they had no choice but to extend the 2016 General Conference’s budget directives. But they also recognize the financial challenges caused by COVID-19.
The United Methodist finance agency’s board narrowly approved reductions to an already slashed denominational budget. The result would be the smallest budget since 1988.
