Understanding Funding at Christ Church Cathedral
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Day-to-day funding comes from the operating account. Even though it has been a goal of the finance committee to increase funding from other sources, 89.7% of the operating budget comes from pledges. Based on anticipated income for 2017, pledges have only increased by $ 70,177 over the past 5 years, or an average total pledge increase of $ 14,035 annually.
Funds other than operating are restricted to the uses for which they were given. |
