New edits to the by-laws for this Sunday's Members' meeting
A letter to Resurrection members from the People’s Warden, Joannella Morales:
Dear Resurrection Members,
Last week we sent you a copy of the proposed revisions to the church by-laws and asked for your comment. We asked and we received. We received one comment regarding Sections 9.6A and 9.6B regarding mid-year changes to the budget. The commentator, drawing on his extensive professional experience overseeing government program related budgets, believed that the original proposal was too restrictive to be helpful or workable.
The Parish Council discussed the matter and decided to revise the original proposal in light of the comment. Below is a copy of the new proposed by-law provision. We’ll explain this in greater detail at the meeting before voting on it, but want to give you the opportunity to see the revision beforehand.
New proposed language:
Section 9.6A. The Parish Council (or, subject to the approval of the Parish Council, the Stewardship Committee) may make expenditures and investments which exceed amounts approved in the Annual Budget last approved by the Members (a “Non-Budgeted Expenditure”) if (1) such Non-Budgeted Expenditure is consistent with the mission of the Church as set forth in Section 1.15 and the Governing Theological Principles, (2) such Non-Budgeted Expenditure would represent no more than a 5% increase to the Annual Budget last approved by the Members, (3) the aggregate amount of all Non-Budgeted Expenditures made to date during the applicable Fiscal Year, including the Non-Budgeted Expenditure in question, would represent no more than a 5% increase to the Annual Budget last approved by the Members, and (4) the Parish Council reasonably believes that such Non-Budgeted Expenditure does not pose a material risk to the ongoing financial viability of the Church. The Parish Council may use funds from any financial account in which funds of the Church are held, including the Church’s savings account(s), to make any such Non-Budgeted Expenditure.
Section 9.6B. The Parish Council (or, subject to the approval of the Parish Council, the Stewardship Committee) may reallocate funds from one line item within the Annual Budget to another line item within the Annual Budget, so long as (1) such reallocation is consistent with the mission of the Church as set forth in Section 1.15 and the Governing Theological Principles, and (2) the Parish Council reasonably believes that such reallocation does not pose a material risk to the ongoing financial viability of the Church.
We look forward to seeing all of you at the meeting!
Joannella Morales
People’s Warden