Declining revenue from dioceses and decisions made by the Council of General Synod (CoGS), will result in a cut of about $1.1 million in 2011 from the Church’s current $10 million budget.
This message was delivered to General Synod delegates on Sat. Jun. 5 by Michele George, treasurer of the Anglican Church of Canada. Monica Patten, chair of the financial management and development committee (FMDC), and George briefed General Synod delegates on the current state of planning for the 2011 budget.
The cuts will affect programs and staff at the church’s national office in Toronto. Fixed costs for running the national office (“Church House”) as well as grants to the Council of the North, which total approximately $3 million annually, will not be touched. All cuts will come out of the $7 million operating budget remaining, explained George.