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.
General Conference Webmaster: Susan Brumbaugh
PETS Creator: John Brawn
Petition Text: 21122-FA-NonDis-O
1996 United Methodist General Conference