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The majority of the deficit is due to an updated forecast of revenue about 2 percent less than the $50.4 million approved in the budget by the 75th General Convention in 2006. The remainder is due to additional estimated expenses of $444,000 attributed to the Church Center staff reorganization.
Treasurer Kurt Barnes said some of the lower-than-expected revenue would be offset by applying money available from lower-than-budgeted expenses this year. He expects similar savings on expenses in 2008, but that amount is set by General Convention until expenses are realized.
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Filed under: * Anglican - Episcopal Episcopal Church (TEC)

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2. Philip Snyder wrote:
How much of this deficit is due to 815 being party to several lawsuits? Remember, all litigation will do is transfer the wealth of the Episcopal Church to trial lawyers. YBIC, |
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3. Philip Snyder wrote:
#1 It might be cheaper still to use vitural conferencing for the meeting. Rent 24 high resolution webcams and let each person participate via the internet. You could probably pay for each person’s high speed access and provide a decent computer for the cost of travel and hotel expenses and meals for the meetings. YBIC, |
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4. anglicanhopeful wrote:
‘Bishop J. Jon Bruno of Los Angeles supported the regional satellite office concept. This will enable headquarters to extend its reach beyond Wall Street, he said during debate in the closing plenary on Sunday.’ |
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5. Posse Rider wrote:
Phil Snyder - The idea of web cams and broadband access is a good idea, until David Booth Beers logs on in just his boxers. Sorry for ruining your week by putting that image in your mind… October 29, 5:03 pm | [comment link] |
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6. Philip Snyder wrote:
#5 - that image is no worse than the image of me in my boxers on a video conference call. YBIC, |
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8. dwstroudmd+ wrote:
Gee, somehow all the included are not apparently INCLUSIVE of ECUSA/TEC as far as giving is concerned. Do we have a major disconnect here? Golly, we have a deficit but “Quito has always been on my let’s visit list, so let’s raise the carbon footprint by air travel”. (They could perhaps save expenses by flying down and walking back, but my experience is that one way tickets really don’t save much dinero.) Whiz, shuffling the monies doesn’t make the DEFICIT go away. But Democrats have always had that sort of math facility historically, and I suppose the EC is just holding up their end of the plank. Golly, gee, whiz! Maybe something’s wrong with the ECUSA/TEC! October 29, 5:51 pm | [comment link] |
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9. RoyIII wrote:
dwstroudmd, #8., you may recall the last balanced budget during the Clinton administration. Ain’t he a democrat ?- maybe we need some more of that math these days. Actually I like sending the Executive Council to Ecuador one way. Let’s confiscate their shoes, too. October 29, 6:04 pm | [comment link] |
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10. Oldman wrote:
I’ve said it before. I believe that moving the whole shebang out of 815 to a city in Kansas or Missouri with good air connections would benefit the budget, rid the National Office of a lot of useless people that can be replaced by hardworking, solid believers among the mid-westerners….and start +KJS and David Beers reading some intelligent newspapers. TEC, move away from NYC, open the windows, and let fresh air in. October 29, 7:22 pm | [comment link] |
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11. Oldman wrote:
PS. Webcamming might save on travel money, but the same old clueless crowd would still think they are big shots deserving extra special pay for living in the New York area along with lots of costly perks. October 29, 7:28 pm | [comment link] |
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13. pendennis88 wrote:
Somehow I missed this Executive Council Resolution the first time - it rebukes the HoB and announces, it would seem, an intention to overturn B033. October 31, 5:52 pm | [comment link] |
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October 29, 4:50 pm | [comment link]I bet they could also save a bundle by having the Executive Council hootenanny in, say, Akron instead of Quito, Ecuador. But it is harder to burnish one’s multiculti rep in Akron.