finance

General Agencies
With giving to denomination-wide ministries varying widely, collections seem to indicate conferences are paying at the rates in the proposed general church budget heading to General Conference next year. However, with General Conference delayed, that proposed budget is not in effect. Image by Steve Buissinne, courtesy of Pixabay.

Finance board gets update on giving, reserves

U.S. giving to United Methodist ministries was lower in early 2021 compared to the same period in 2020. However, collection rates varied widely among church funds.
General Agencies
The parking lot of the United Methodist Publishing House in Nashville, Tenn., stands empty on Friday, May 1, 2020. The self-supporting agency recently entered a purchase agreement with an investment firm expected to lease the office space to the public. That move, combined with better sales of church resources as the pandemic lifts in the U.S., has brightened the Publishing House’s financial picture. File photo by Mike DuBose, UM News.

Publishing House rebounds

Thanks to better sales as the pandemic eases in the U.S., as well as a real estate move, the United Methodist Publishing House appears in better shape financially.
Judicial Council
Bishop Sally Dyck presides over a discussion of the church budget during the 2016 United Methodist General Conference in Portland, Ore. After the 2020 General Conference was delayed, the board of the denomination’s finance agency asked the United Methodist Judicial Council for a declaratory decision on how to calculate the ongoing denominational budget and apportionment formula. File photo by Maile Bradfield, UM News.

New budget must wait for General Conference

The United Methodist Church’s finance agency lacks authority to set new guidelines despite postponement of church’s top legislative gathering.
General Church
A Scout shows his copy of the United Methodist devotional guide "Strength for Service" to an adult leader at the 2017 National Scout Jamboree at the Summit Bechtel Reserve in Glen Jean, W.Va. The General Commission on United Methodist Men supports Scouting and publishes the “Strength for Service” devotional series. File photo by Mike DuBose, UM News.

Commissions, UMW adapt to new budget realities

The 13 agencies that serve The United Methodist Church continue to look for creative ways to adapt to denominational budget cuts made worse by the ongoing coronavirus pandemic.

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