ENS: Budget committee asks for ideas to meet funding gap

The Program, Budget and Finance (PBF) committee invited Episcopalians at a hearing July 10 to come up with “imaginative and realistic” ideas about how to pay for the ministry of the church in the next three years, given the expectation that its income will be $15 million less than originally anticipated.

Deputy Holly McAlpen, chair of the funding sub-committee, told the hearing that diocesan giving is now expected to be down as much as 5 percent a year or $13.5 million, with an additional $1.3 million decline in income from investments.

“We welcome your imaginative and realistic ideas tonight,” she said.

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Posted in * Anglican - Episcopal, Episcopal Church (TEC), General Convention