DWTX from Anaheim - Acknowledging that The Episcopal Church’s 2010-2012 budget is going to be “very, very tight,” the Joint Standing Committee on Program, Budget, and Finance (PB&F) convened on Monday, July 6, as many deputies were still arriving at the Convention. But committee members said they see this as an opportunity to do some “creative, groundbreaking work,” according to one committee member.

The committee has learned that income during the 2010-2012 triennium could be $9 million less than the $161.8 million that had been forecast last January when the church’s Executive Council approved the draft budget. The Executive Council is required to present a draft budget to PB&F four months prior to the General Convention.

“We’re going to undergo some pruning,” said committee member George Councell from the Diocese of New Jersey. “I hope that it will be pruning that leads to greater growth, but there will be some creative dying that I think has to happen along the way.”

The budget that comes out of the PB&F committee work will be presented to a joint session of the House of Bishops and House of Deputies on July 15. Both houses must approve the budget.

Before that time, the PB&F Committee will hold three open hearings — on July 7, 9 and 10 – and will meet in open session daily.

Source: Episcopal Life Online

Tags: budget

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