Petition Text: 21122-FA-NonDis-O

Understanding Petition Numbers

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The 1996 operating budget of the General Council on Finance and Administration is $5,288,000. Projected budgets, dollar, and percentage changes from previous years are:

Dollar Increase % Increase Budget or (Decrease) or (Decrease)

1997 $4,960,000 ($328,000) (6.20%)

1998 $5,140,000 $180,000 3.63%

1999 $5,380,000 $240,000 4.67%

2000 $5,831,000 $451,000 8.38%

Total $21,311,000 $543,000

These projections conform to the typical pattern of the Council's quadrennial budgets, with the largest increase needed in the year in which a General Conference is held and a decrease falling in the first year of a new quadrennium. Using the 1996 budget as a base ($5,288,000) the projected quadrennial total of $21,311,000 equals an amount that would be produced by annual increases of 0%, 0%, 1%, 1% for the four years of the quadrennium (calculated as follows: $5,288,000 + $5,288,000 + $5,341,000 + $5,394,000 = $21,311,000).

The Council receives income from an on-ratio allocation in the General Administration Fund, earnings on invested funds, and, as needed, prior claims charged to all other general funds except the General Advance Fund and the World Service Special Gifts Fund. The prior claim charges to the other general funds are allocated based on each fund's receipts as a percentage of the total receipts of the other general funds. The projected income from each source is:

Page Number: 2 of 2

Suggested Topic: Budget of the General Council on Finance and Administration

Sponsoring Agency: GCFA

Petition Number: FA-21122

1997 1998 1999 2000

Projected Investment Earnings and

Miscellaneous income $300,000 $300,000 $300,000 $300,000

Estimated On-Ratio Allocation from the

General Administration Fund 1,811,000 1,881,000 1,970,000 2,065,000

Estimated Prior Claim Charges

to other General Funds:

World Service 1,517,000 1,575,000 1,656,000 1,845,000

Episcopal 372,000 387,000 406,000 453,000

Interdenominational Cooperation 34,000 36,000 37,000 42,000

Ministerial Education 459,000 477,000 501,000 559,000

Black College 238,000 247,000 260,000 290,000

Africa University 63,000 65,000 68,000 76,000

Human Relations Day 14,000 15,000 16,000 17,000

One Great Hour of Sharing 89,000 93,000 98,000 109,000

World Communion Day 31,000 32,000 34,000 38,000

Native American Awareness 9,000 9,000 9,000 10,000

Student Day 14,000 14,000 15,000 17,000

Youth Service 4,000 4,000 5,000 5,000

Peace with Justice 5,000 5,000 5,000 5,000

Total Proposed Budget $4,960,000 $5,140,000 $5,380,000 $5,831,000

The Council operates within an annual budget approved by the Council. Approved annual budgets may vary from the budgets projected for the quadrennium. The Council maintains no operating reserves.

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Petition Text: 21122-FA-NonDis-O
1996 United Methodist General Conference