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November 2012 Second - Whitewater Valley Presbytery

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<strong>Presbytery</strong> of <strong>Whitewater</strong> <strong>Valley</strong> INDEX <strong>November</strong> 7, <strong>2012</strong><br />

<strong>Whitewater</strong> <strong>Valley</strong> <strong>Presbytery</strong> -- Stated Meeting -- <strong>November</strong> 7, <strong>2012</strong><br />

First Presbyterian Church<br />

300 W Wayne<br />

Fort Wayne, IN 46802<br />

260-426-7421<br />

INDEX – SECOND POSTING<br />

These postings are the equivalent of a First Class Mailing.<br />

In response to feedback regarding on-line <strong>Presbytery</strong> papers, all action items are incorporated within<br />

the docket. However, all relevant documentation and complete reports are posted as reflected on the<br />

Index page.<br />

THE DOCKET AND WORSHIP SERVICE WILL BE PRINTED AND<br />

AVAILABLE AT THE MEETING.<br />

Otherwise, it is your choice which reports you print and bring to the meeting.<br />

Remember that you may simply want to read longer, non-action items on line.<br />

You have the ability to pick and choose which specific papers you want to print.<br />

Extra sets of papers are not normally available at the meeting.<br />

PAGE # DOCUMENT NOTE<br />

Numbers are continuous from the First Post<br />

9-10 Nominating Committee Report ACTION<br />

11 Statement of Faith—Donna Studevent ACTION<br />

12-13 2013 Minimum Terms of Call ACTION<br />

14-15 Reported Actions of Coordinating Council INFORMATION<br />

UNNUMBERED Reported Actions of COM INFORMATION<br />

UNNUMBERED 2013 Mission Focus Units Budget (<strong>Second</strong> Read) ACTION<br />

UNNUMBERED<br />

UNNUMBERED<br />

Mission Operations Unit Resources & Investments 8/<strong>2012</strong> INFORMATION<br />

Mission Focus Units Resources & Investments 8/<strong>2012</strong> INFORMATION<br />

UNNUMBERED Accounting Fund Balances—August, <strong>2012</strong> INFORMATION<br />

UNNUMBERED Consolidated Balance Sheet—August, <strong>2012</strong> INFORMATION


<strong>Presbytery</strong> of <strong>Whitewater</strong> <strong>Valley</strong><br />

NOMINATING COMMITTEE<br />

REPORT<br />

<strong>November</strong> 7, <strong>2012</strong><br />

Abbreviations Used in This Report:<br />

M: Teaching Elder (Minister)<br />

E: Ruling Elder<br />

The Nominating Committee of the <strong>Presbytery</strong> of <strong>Whitewater</strong> <strong>Valley</strong><br />

1. Nominates for Vice Moderator of the <strong>Presbytery</strong> of <strong>Whitewater</strong> <strong>Valley</strong> for 2013:<br />

Vice Moderator<br />

(M) Steve Ebling, New Hope Presbyterian Church, Fishers<br />

Steve Ebling, Nominee for 2013 Vice Moderator<br />

Ordained in 1985, Steve has served as pastor of the New Hope Presbyterian Church in Fishers since March of<br />

2003. Before moving to Indiana, Steve served the First Presbyterian Church of Norwalk, Ohio, as pastor for more<br />

than nine years, and was an associate pastor of the Pleasant Hills Community Presbyterian Church in the south<br />

hills of Pittsburgh for over eight years. While in <strong>Whitewater</strong> <strong>Valley</strong> <strong>Presbytery</strong>, he has served two terms on the<br />

Committee on Ministry, and currently serves on the Personnel Committee which he chaired for two years. In<br />

addition, Steve serves on the new Synergos Initiative Leadership Team—a group committed to equipping leaders<br />

in our <strong>Presbytery</strong>; and is a member of <strong>Presbytery</strong> Council. This past summer, he was a Teaching Elder<br />

Commissioner to General Assembly in Pittsburgh. He serves the national church as a coach on the Acts 16:5<br />

Leadership Team, which gives him several opportunities each year to teach in presbyteries throughout the country<br />

on effective church leadership. Steve received his bachelor’s degree from Purdue University, his Master of Divinity<br />

from Princeton Theological Seminary, and his Doctor of Ministry degree from Pittsburgh Theological Seminary. He<br />

is married to Dianne and they have four children, Jennifer (26), Sam (20), Joe (20) and Luke (18). For fun Steve’s<br />

passion is standing knee-deep in a river somewhere fly-fishing for trout or any other type of fishy creature he can<br />

catch!<br />

2. Nominates to serve the <strong>Presbytery</strong> of <strong>Whitewater</strong> <strong>Valley</strong>:<br />

COORDINATING COUNCIL<br />

Class of 2014 (To fill a vacancy)<br />

(E) Pat Cowall-Hanover, Orchard Park Presbyterian Church, Indianapolis<br />

Class of 2016<br />

(M) Shannon Burford, Kingston & Springhill Presbyterian Churches, Greensburg<br />

(M) Jeff Lehn, First Presbyterian Church, Fort Wayne<br />

(M) Ron Rockey, Southminster Presbyterian Church, Indianapolis<br />

(E) Jean Dodds, Northminster Presbyterian Church, Indianapolis<br />

(E) Will Mitchell, First Presbyterian Church, Shelbyville<br />

(E) Mark Lawson, Fairview Presbyterian Church, Indianapolis<br />

BOARD OF DIRECTORS (Elected by Coordinating Council)<br />

Class of 2014 (To fill a vacancy)<br />

(E) Michael Belcher (Marion-Westminster)<br />

Class of 2015 (To fill a vacancy)<br />

(E) Donna Madewell (Anderson-First)<br />

Class of 2016<br />

(M) Joe Fields, Reid Memorial Presbyterian Church, Richmond<br />

SECOND POST—PAGE 9


<strong>Presbytery</strong> of <strong>Whitewater</strong> <strong>Valley</strong><br />

NOMINATING COMMITTEE<br />

REPORT (Continued)<br />

<strong>November</strong> 7, <strong>2012</strong><br />

COMMITTEE ON MINISTRY<br />

Class of 2015 (New members)<br />

(M) Peggy McDonald, Member-at-Large<br />

(E) Todd German, Grace Presbyterian Church, Fort Wayne<br />

(E) Jean Linville, First Presbyterian Church, Fort Wayne<br />

(E) Lisa Longo, Northminster Presbyterian Church, Indianapolis<br />

(E) Chuck Vogt, Zionsville Presbyterian Church, Zionsville<br />

Class of 2015 (For re-election)<br />

(M) Ron Naylor, First Presbyterian Church, Muncie<br />

(M) Laura Sherwood, First Presbyterian Church, Muncie<br />

(M) Peter Zinn, Bethel PC, Knightstown and Ebenezer and First PCs, Lewisville<br />

(E) Linda Rinker, <strong>Second</strong> Presbyterian Church, Indianapolis<br />

COMMITTEE ON PREPARATION FOR MINISTRY<br />

Class of 2015 (New members)<br />

(M) Jay Cline, First Presbyterian Church, Ossian<br />

(M) Ruth Chadwick Moore, Northminster Presbyterian Church, Indianapolis<br />

(E) Judy Rust, First Presbyterian Church, Greensburg<br />

Class of 2015 (For re-election)<br />

(E)<br />

Natalie Auberry, <strong>Second</strong> Presbyterian Church, Indianapolis<br />

PERMANENT JUDICIAL COMMISSION<br />

Class of 2018<br />

(M) David Layman, First Presbyterian Church, Richmond<br />

(M) Charlotte Lohrenz, Faith Presbyterian Church, Indianapolis<br />

(E) Larry McKinney, First Presbyterian Church, Edinburgh<br />

SEXUAL MISCONDUCT RESPONSE TEAM<br />

Class of 2015 (New Member)<br />

(E) Carol Hornbeck, Christ Presbyterian Church, McCordsville<br />

Class of 2015 (For re-election)<br />

(M) Terry Anderson, Fort Wayne<br />

(E) Miki Bean, Christ Presbyterian Church, McCordsville<br />

PYOCA ADVISORY BOARD<br />

Class of 2015 (New Members)<br />

(E) Jim Hill, <strong>Second</strong> Presbyterian Church, Indianapolis<br />

Class of 2015 (For re-election)<br />

(M) Peter Jessen, First Presbyterian Church, Franklin<br />

(E) Mandy Ernest, <strong>Second</strong> Presbyterian Church, Indianapolis<br />

WESTMINSTER NEIGHBORHOOD MINISTRIES<br />

<strong>Presbytery</strong> Representative:<br />

Class of 2015 (For re-election)<br />

(E) Miki Bean, Christ Presbyterian Church, McCordsville<br />

COMMISSIONERS TO THE SYNOD OF LINCOLN TRAILS<br />

Class of 2015 (For re-election)<br />

(M) Cheryl Montgomery, Greenwood Presbyterian Church, Greenwood<br />

SECOND POST—PAGE 10


<strong>Presbytery</strong> of <strong>Whitewater</strong> <strong>Valley</strong><br />

STATEMENT OF FAITH<br />

DONNA STUDEVENT<br />

<strong>November</strong> 7, <strong>2012</strong><br />

I believe in a triune God. Three in One, yet separate. This almighty, ever loving God who created all<br />

of earth and heaven, including man, as the story is told in Genesis. I believe in a God who loved his<br />

creation of man enough to send his only son, Jesus Christ, to live among us, suffer and die for us,<br />

arise for us and provide eternal life for sinners, such as I. For God so loved the world, that he sent<br />

his only Son, that whoever believes in Him should not perish but have everlasting life. (John 3:16)<br />

I believe in the presence of the Holy Spirit in our lives continually. This third part of the triune God<br />

is a constant presence, a guide, a comforter to us at all times. We are never separated from the love<br />

of God. Romans 8:38,39 remind us that nothing can separate us from the love of God that is in<br />

Christ Jesus our Lord. Nothing becomes impossible for us with the presence of God always with<br />

us. Matthew 19:26 and Mark 10:27 each remind me that for people, things can seem impossible, but<br />

for God all things are possible. It is this constant affirming presence in our lives that allows us to<br />

feel the peace that God loves us unconditionally.<br />

I believe in the Sacraments of Baptism and Communion. We are baptized into the family of God,<br />

adopted into God’s family, by our acknowledgement of our sinful nature and repentance of those<br />

sins. Through God’s redemptive love the water of baptism cleanses our sins and renews our life,<br />

enabling us to begin a new life in Christ, with the presence of the Holy Spirit to accompany us on<br />

our endeavors as we walk the path of life on this earth. We are given gifts of the Spirit and I believe<br />

that we encourage one another to discover and use these gifts.<br />

The Holy Sacrament of Communion allows us to always remember and celebrate the sacrifice our<br />

Lord made for us, sinners. The very fact that Jesus Christ walked among humans, loved us,<br />

ministered to us, went into the Garden, prayed, was betrayed, went to trial, was judged, carried a<br />

cross, suffered immeasurable pain, died and was buried is overwhelming. What love was<br />

demonstrated by our loving Father in Heaven. What love was demonstrated by a loving Son, on<br />

earth. What a loving presence remains for us always in the Holy Spirit. Christ died and arose! This<br />

sacrificial love allows us to be assured of our eternal home in Heaven. The Sacrament of<br />

Communion allows us, the community of God, the community of believers, the opportunity to<br />

remember and celebrate through the bread, Christ’s body broken in pain and suffering, for us and<br />

the cup, Christ’s blood which was shed for our salvation. Communion also prepares us in our<br />

remembering to depart to serve in sharing this wonderful aspect of our faith with others.<br />

I believe in the Holy Scripture as the authoritative Word of God. All of our rules and guidelines for<br />

our life are right there. James 1:25 tells me that “truly happy people are those who carefully study<br />

God’s perfect law that makes people free, and they continue to study it. They do not forget what<br />

they heard, but they obey what God’s teaching says. Those who do this will be happy.” I continue<br />

to study the Holy Scripture, seeking to know God’s laws.<br />

I am continually amazed by the power of such a loving God. This God who loved ME, a sinner, this<br />

God who sent His Son, Jesus Christ, for ME, a sinner and this God who provides a constant<br />

resource to ME, a sinner, in through the presence of the Holy Spirit in MY life. Nothing that I can<br />

ever do can repay this sovereign God. I am justified by my faith, not by any works I can or could<br />

ever do. God’s grace is sufficient for me. It is all I need now or ever. I can walk any road, climb<br />

any mountain, enter any valley because of my faith in this amazing God, who loves ME.<br />

“Now faith is being sure of what we hope for and certain of what we do not see.”<br />

Hebrews 11:1<br />

SECOND POST—PAGE 11


<strong>Presbytery</strong> of <strong>Whitewater</strong> <strong>Valley</strong> 2013 MINIMUM TERMS OF CALL <strong>November</strong> 7, <strong>2012</strong><br />

<strong>Whitewater</strong> <strong>Valley</strong> <strong>Presbytery</strong><br />

2013 MINIMUM TERMS OF CALL<br />

Full-Time Pastorates<br />

MANDATORY (<strong>2012</strong> in parentheses) With Manse Provided No Manse Provided<br />

Minimum Cash Salary ($33,856) $34,432 ($44,013) $44,761<br />

Manse Value Maximum ($10,157) $10,329<br />

Accountable Travel Reimbursement (minimum) ($2,800) $2,800 (est) ($2,800) $2,800 (est)<br />

(per session-approved policy, mileage @ IRS rate)<br />

Professional Development Allowance ($1,200) $1,200 ($1,200) $1,200<br />

(vouchered, per year, cumulative to four years)<br />

Four Weeks Vacation (including four Sundays) OR<br />

Five Weeks Vacation (including five Sundays) with 15+ years experience<br />

Two weeks professional development leave per year (cumulative up to eight weeks)<br />

Full Pension (<strong>2012</strong> = 32.25%) based on Effective Salary,<br />

which is Cash Salary + Housing + Utilities (if paid) + Deferred Compensation (if paid)<br />

Full moving expenses (if applicable)<br />

For additional consideration:<br />

The median effective salary for <strong>Whitewater</strong> <strong>Valley</strong> <strong>Presbytery</strong> as of May 2011, reported by the Board of Pensions, was $60,166. The<br />

median effective salary for the Synod of Lincoln Trails as of May <strong>2012</strong>, reported by the Board of Pensions, was $54,955/<br />

1. The Board of Pensions determines manse value as 30% of (cash salary + utilities & housing expenses + employee 403b) or fair<br />

market value. Fair Rental Value of church-owned housing must be determined by a qualified real estate appraisal and normally<br />

is not to be valued at more than 30% of Mandatory Minimum Cash Salary without clear evidence of actual value.<br />

2. Mileage Reimbursement is an expense of the church and not compensation. It is substantiated and vouchered at the current IRS<br />

approved rate.<br />

3. Pension dues (32.25% in <strong>2012</strong>) are the responsibility of the employing congregations. The Board of Pensions has a helpful dues<br />

calculator available under the treasurer’s link at www.pensions.org<br />

4. A pastor is liable for a percentage of effective salary for Social Security and Medicare taxes. The <strong>Presbytery</strong> recommends<br />

employing congregations pay up to ½ the Social Security tax as an offset. Amounts not in excess of 50% are not included in<br />

calculating effective salary for the Board of Pensions, but are considered taxable income by the IRS. This is intended to help<br />

equalize the difference created by being taxed for Social Security at the IRS self-employed rate.<br />

5. The <strong>Presbytery</strong> recognizes that some employing congregations, in addition to salary, provide an amount of Effective Salary to<br />

reimburse ministers for a portion of medical costs not covered by the Board of Pensions (including dental and eye care,<br />

vouchered). If your congregation chooses to establish such a reimbursement program, the Committee on Ministry recommends<br />

that the congregation’s tax and/or legal advisor should be consulted in the process.”<br />

6. Vacation and Continuing Education are not pro-rated for part-time positions.<br />

7. There is no longer a Board of Pensions cap on Effective Salary for pension purposes. Medical dues (20.25%) are paid on up to<br />

200% of median salary. Pension dues (12%) are paid on full effective salary.<br />

8. The Committee on Ministry strongly encourages congregations and pastors to create a matching fund for a 403b Retirement<br />

Savings Plan (available through the Board of Pensions). This is especially true for congregations that provide a manse, since the<br />

pastor is not accumulating equity on a home. Note: Employer matching payments are not included in calculating effective salary<br />

for the Board of Pensions.<br />

Effective Salary = Salary + Housing + Utilities + Deferred compensation (e.g. 403b, insurance annuity, etc.). See the “Total<br />

Effective Salary Calculator” at www.pensions.org for additional information.<br />

SECOND POST—PAGE 12


<strong>Presbytery</strong> of <strong>Whitewater</strong> <strong>Valley</strong><br />

2013 MINIMUM TERMS OF CALL<br />

(Continued)<br />

<strong>November</strong> 7, <strong>2012</strong><br />

Excerpts from the Book of Order (2011-2013):<br />

G-2.0804 The terms of call shall always meet or exceed any minimum requirement of the presbytery in effect when the call is made. The<br />

session shall review annually the minister’s terms of call and shall propose for congregational action (G-1.0501) such changes as the session<br />

deems appropriate, provided that they meet the presbytery’s minimum requirements. The call shall include participation in the benefits plan of<br />

the Presbyterian Church (U.S.A.), including both pension and medical coverage, or any successor plan approved by the General Assembly.<br />

G-3.0303(c) . . . the presbytery has authority to: . . .establish minimum compensation standards for pastoral calls and Certified Christian<br />

Educators within the presbytery . . . .<br />

Minimum Terms of Call for <strong>Whitewater</strong> <strong>Valley</strong> <strong>Presbytery</strong> 2007-2013<br />

Minimum Cash Salaries 2007-<strong>2012</strong><br />

year minimum cash salary minimum cash salary increase<br />

manse provided<br />

no manse provided<br />

2007 $28,757 $37,384 3%<br />

2008 $29,620 $38,506 3%<br />

2009 $30,804 $40,046 4%<br />

2010 $31,728 $41,247 3%<br />

2011 $32,680 $42,484 3%<br />

<strong>2012</strong> $33,856 $44,013 3.6%<br />

2013 $34,432 $44,761 1.7%<br />

Explanation of proposed changes for 2013:<br />

Minimum Cash Salary: COLA for 2013 will be 1.7%.<br />

Travel Reimbursement (minimum): The 2013 standard rate will be released by the IRS later this year and is subject to change;<br />

reimbursement should be at the rate in effect at the time of travel. The current rate for business miles driven through December 31,<br />

<strong>2012</strong> is 55.5 cents a mile.<br />

Professional Development Allowance: Churches should be encouraged to offer more support for professional development than the<br />

minimum whenever possible.<br />

Note that the percentage basis for Social Security and Medicare taxes is not specified here, since it is subject to change.<br />

The median effective salary for <strong>Whitewater</strong> <strong>Valley</strong> and for the Synod of Lincoln Trails as established by the Board of Pensions is<br />

given, rather than the average of salaries reported to the <strong>Presbytery</strong>, since the <strong>Presbytery</strong> figure is distorted by the omission of data<br />

from churches not reporting.<br />

SECOND POST—PAGE 13


<strong>Presbytery</strong> of <strong>Whitewater</strong> <strong>Valley</strong><br />

REPORTED ACTIONS OF<br />

COORDINATING COUNCIL<br />

<strong>November</strong> 7, <strong>2012</strong><br />

COORDINATING COUNCIL SUMMARY WITH REPORTED ACTIONS<br />

October 3, <strong>2012</strong> First Presbyterian Church, Winchester<br />

The Coordinating Council met October 3, <strong>2012</strong> at First Presbyterian Church, Winchester, Indiana.<br />

* Council members completing their <strong>2012</strong> terms were recognized and thanked for their work: Rev. Joe Fields,<br />

Ruling Elder Judi Trabue. Others in that class who were not present: Ruling Elders Jim Dougherty and Ellen<br />

Schramm, Rev. Steve Ebling, and Rev. Pat Smith.<br />

* Rev. Alan Thames led the opening devotion based on Ordination Vow Four. Joys and concerns were shared<br />

and the meeting was opened with prayer.<br />

CONSENT AGENDA<br />

The Coordinating Council APPROVED the Consent Agenda:<br />

1. Council Minutes of July 11, <strong>2012</strong><br />

2. <strong>Presbytery</strong> Minutes of August 12, <strong>2012</strong><br />

3. received report of Presbyterian Women – Communion will be served at retreat October 13, <strong>Second</strong><br />

Presbyterian Church, Rev. Cheryl Montgomery officiating (Council previously approved request with<br />

specific date to be reported)<br />

4. received Board of Directors Minutes July 26<br />

5. received Executive Committee Minutes September 4<br />

6. received Pyoca Camp & Conference Center Report<br />

PRESBYTERY MODERATOR’S REPORT<br />

* Rev. Dena Vittorio reported. She presided at the ordination of her daughter, Rev. Marena Vittorio Schindler,<br />

September 23.<br />

EXECUTIVE PRESBYTER’S REPORT<br />

Alan Thames reported.<br />

1. Task Force to Look at Future of WVP – a written report was distributed.<br />

2. The downtown Indianapolis new church development exploration continues. A PCUSA grant is being written.<br />

3. Personnel – Ruling Elder Greg Thomas has resigned as Stated Clerk effective December 31, <strong>2012</strong> A Stated<br />

Clerk search was implemented, interviews were conducted, and a candidate will be presented to the <strong>Presbytery</strong><br />

<strong>November</strong> 7.<br />

4. Indianapolis-Wallace St. continues to wait for their new 501(3)c status from the state<br />

5. Greenwood-Center Grove – letters were sent to the congregation regarding concurrence with Session’s<br />

request to be dismissed to the Christian Reformed Church<br />

ASSOCIATE EXECUTIVE PRESBYTER’S REPORT<br />

Felipe Martinez reported.<br />

1. Hispanic Ministries Lead Team is exploring opportunities in partnership with Indianapolis-<strong>Second</strong><br />

2. continues to staff the Administrative Commissions for Fort Wayne-Amistad Cristiana (focus on budgeting and<br />

long range planning) and Indianapolis- Nueva Creación (focus pastoral leadership)<br />

3. Indianapolis-Southminster – celebrating and welcoming the sharing of their worship space with the First Mizo<br />

Community Church, 50 members!<br />

EXECUTIVE ADMINISTRATOR’S REPORT<br />

Kristy Quinn reported.<br />

1. continues to staff meetings/support with Commissioned Ruling Elders<br />

2. distributed 2013 meeting schedule; committee moderators asked to review the schedule and report revisions<br />

3. second read of Standing Rules relating to secretary/treasurer is in progress and will be presented for approval<br />

to <strong>Presbytery</strong> <strong>November</strong> 7<br />

SECOND POST—PAGE 14


<strong>Presbytery</strong> of <strong>Whitewater</strong> <strong>Valley</strong><br />

REPORTED ACTIONS OF<br />

COORDINATING COUNCIL<br />

<strong>November</strong> 7, <strong>2012</strong><br />

YouthLYNC (Loving God, Yearning to Grow, Nurturing Community, Connecting through Christ)<br />

Trish Lisa reported. 75 youth from several churches gathered for an event at Sky Zone in Indianapolis. The<br />

coordinating team continues planning for the Nov. 17-18 Youth Retreat at Pyoca.<br />

FINANCE COMMITTEE REPORT<br />

Gary Stebbins and Eric Herzog reported.<br />

1. The Council APPROVED and recommended the 2013 Mission Focus Units Budget, 2 nd read, to the<br />

<strong>Presbytery</strong> for approval <strong>November</strong> 7.<br />

2. The August <strong>2012</strong> Mission Operations Fund and Mission Focus Unit financial reports were reviewed<br />

TEAM REPORTS<br />

Connected Communities<br />

1. Connected Communities partnered with Synergos to distribute a technology survey to congregations; in<br />

response, Rev. Tim Shapiro, Center of Congregations, will make a technology presentation to the <strong>Presbytery</strong><br />

<strong>November</strong> 7.<br />

2. Evan McBroom with Fishhook, a communications and creative services firm that partners with churches, will<br />

provide a free five hour workshop for churches in our <strong>Presbytery</strong>.<br />

iPresby Partners<br />

This program has completed its first year and there were requests from the Council to evaluate the process,<br />

its coordination with COM, and clarity of purpose and reporting. Mark Morningstar will work on the<br />

coordination of iPresby Partners in 2014.<br />

Leadership Development Team<br />

1. The Council APPROVED a motion that, at the request of the Session of First Presbyterian Church, Elwood,<br />

Indiana, the Council grant a waiver of the limitation of terms for ruling deacons and elders (BOO 2.0404).<br />

BOARD OF DIRECTORS<br />

John Koppitch reviewed highlights of the July 26 minutes that were distributed. Westminster Neighborhood Ministries<br />

will have a property dedication on October 14. The dedication is to celebrate property acquired for the expansion of<br />

their adult services.<br />

OLD BUSINESS<br />

Investigating Committee Approval<br />

The Council APPROVED, by e-mail July 30, <strong>2012</strong>:<br />

At the request of Rev. Dena Vittorio, Moderator of the <strong>Presbytery</strong>, and Rev. Mark Morningstar, Moderator of<br />

Coordinating Council, we ask that you would cast an affirmative or negative vote to elect the following to serve as<br />

an Investigating Committee for the <strong>Presbytery</strong> of <strong>Whitewater</strong> <strong>Valley</strong>:<br />

Teaching Elder Mitch Coggin (interim pastor at Connersville, First)<br />

Ruling Elder Ann Hamel (Indianapolis, John Knox)<br />

Teaching Elder Trish Lisa (associate pastor at Indianapolis, First Meridian Heights)<br />

Teaching Elder David McDonald (pastor, Clayton Presbyterian)<br />

Ruling Elder John Paulson (Indianapolis, Faith)<br />

NEW BUSINESS<br />

Election of Council Vice Moderator<br />

The Executive Committee presented Rev. Gray Marshall as the 2013 Vice Moderator nominee. The floor was<br />

opened for nominations. Being none, the Council APPROVED Rev. Gray Marshall as 2013 Vice Moderator of<br />

the Coordinating Council. The Council discussed the importance of contacting those eligible to serve prior to<br />

election. It was noted that eligible candidates had been contacted prior to the Council meeting.<br />

The next Council will be February 6, 2013 at the Presbyterian Church, Greenwood.<br />

SECOND POST—PAGE 15


COM REPORTED ACTIONS MINISTERS & CHURCHES <strong>November</strong> 7, <strong>2012</strong> Page 1 of 2<br />

Name or Church Date COM action<br />

or Minister / CRE<br />

Greensburg-First<br />

Aug 15, <strong>2012</strong><br />

Special Called Mtg<br />

dissolved pastoral relationship between First Presbyterian Church & Rev. Steve Matthies;<br />

other enabling actions were also approved<br />

Gold, Rev. Dawn<br />

Liberty-First<br />

Aug 29, <strong>2012</strong><br />

Johnston, Rev. Katie (Ester) Aug 29, <strong>2012</strong> transferred to Lake Erie <strong>Presbytery</strong><br />

Schindler, Rev. Marena Vittorio Aug 29, <strong>2012</strong><br />

Scott, Mr. Will<br />

Indianapolis-Lake Fellow<br />

Aug 29, <strong>2012</strong><br />

approved Changes in Terms of Call, Rev. Dawn Gold, Liberty-First<br />

effective July 1, <strong>2012</strong> reflecting half time pastoral position<br />

Salary $16,320; Utilities $4,800; Medical/dental $165.50; Manse Value $6,385.65; Full Board of<br />

Pension Benefits<br />

approved/dismissed ordination commission Sept. 23, <strong>2012</strong>, 4:00 pm,, Rushville-First<br />

moderator Rev. Dena Vittorio; Ministers of Word and Sacrament Rev. Mark Morningstar and Rev. Joy<br />

Goehring; Ruling Elders Mr. Mick Saunders, Rushville-Trinity and Ms. Tutti Martz, Rushville-First;<br />

Ecumenical Representative: Denise Ruiz, Spiritual Director Louisville Presbyterian Seminar Pastoral<br />

Care Coordinator St. Margaret Mary Catholic Community, Louisville; Other Participants: Ruling Elder<br />

Judy Lovejoy, Greenwood Presbyterian Church; Rev. Ken Hockenberry & Rev. Judy Hockenberry, Mid-<br />

Kentucky <strong>Presbytery</strong>; Rev. Garrett A. Vittorio Schindler, Susquehanna <strong>Valley</strong> <strong>Presbytery</strong> Mid-Kentucky<br />

<strong>Presbytery</strong><br />

examined and approved for membership pending successful ordination examination by <strong>Presbytery</strong> Nov.<br />

7, <strong>2012</strong> and service of ordination; Indianapolis-<strong>Second</strong> Lake Fellow, validated ministry, effective Aug. 1,<br />

<strong>2012</strong>, terms: effective salary/housing $42,289, moving expenses $2,400; taxable social security $3,005;<br />

full pension; auto expenses reimbursed at IRS rate; business expenses $750; health club benefit<br />

$1,000; program books are provided and fees are paid for seminars and related expenses.<br />

Sumner, Mr. Barry Aug 29, <strong>2012</strong><br />

approved as Commissioned Ruling Elder serving <strong>Whitewater</strong> <strong>Valley</strong> <strong>Presbytery</strong> as Pastoral Assistant<br />

Nueva Creacion New Church Development, Indianapolis, effective June 4, <strong>2012</strong> for three years and may<br />

provide all functions permitted CRE’s by the BOO<br />

Webster, Rev. Charlie Aug. 29, <strong>2012</strong><br />

Connersville-First Aug. 29, <strong>2012</strong> approved CIF w/minor revisions suggested<br />

Greensburg-First Aug 29, <strong>2012</strong><br />

by e-vote July 25 approved Indianapolis-Orchard Park Interim Contract with Rev. Charlie Webster<br />

Effective: August 8, <strong>2012</strong> – February 28, 2013<br />

Salary $64,000; Housing $30,000; Full Pension $30,315; Auto Allowance $2,300;<br />

Professional Development $6,000; Social Security Offset $7,191; Medical Supplement $675.00;<br />

five weeks vacation to include five Sundays; two weeks professional development leave to include two<br />

Sundays<br />

by e-vote Aug. 9, recommended to <strong>Presbytery</strong> Aug. 11, <strong>2012</strong>, formation of Administrative Commission,<br />

Greensburg-First:<br />

The scope of powers for this Administrative Commission is to include the following:<br />

1. The audit of all church financial records, including those of invested funds;<br />

2. The review of all financial and personnel policies currently in use by the session;<br />

3. The review of the relationships between staff members, including the pastor, and the session and/or<br />

its group designated to provide oversight and support for staff;<br />

4.The revision and/or correction of areas related to financial and personnel policy and practice<br />

identified by the Administrative Commission as being in need of revision and/or correction.<br />

The Administrative Commission to include: Ruling Elder Byron Chaplin (Indianapolis-<strong>Second</strong>;) Teaching<br />

Elder Frank Mansell (Indianapolis-John Knox); Teaching Elder Gretchen Schneider (Indianapolis-St.<br />

Andrew); Teaching Elder Galen Schwarz (Indianapolis-Irvington); Ruling Elder Mary Ruth Snyder<br />

(Indianapolis-Orchard Park)


COM REPORTED ACTIONS MINISTERS & CHURCHES <strong>November</strong> 7, <strong>2012</strong> Page 2 of 2<br />

Muncie-First Aug 29, <strong>2012</strong> approved co-pastor CIF; approved consultant’s report<br />

Bausman, Rev. Kevin Sept 26, <strong>2012</strong><br />

Fulmer, Rev. Anna Sept 26, <strong>2012</strong><br />

Kim, Rev. Won Ho Sept 26, <strong>2012</strong><br />

Konker, Rev. Chris Sept 26, <strong>2012</strong><br />

approved Interim Pastor Contract between the Rev. Robert McAulay and the Session, effective October<br />

1, <strong>2012</strong> through September 15, 2013 with the following terms: Salary $14,426; housing $18,500; 403 (b)<br />

plan $5,400; full Board of Pensions; Automobile/Business $13,400; vacation five weeks to include five<br />

Sundays; two weeks to include two Sundays; continuing education $1,000<br />

examined and approved membership of Rev. Anna K. Fulmer, validated ministry as a Lake Fellow,<br />

<strong>Second</strong> Presbyterian Church, Indianapolis, IN effective August 1, <strong>2012</strong>, with the contract terms of<br />

Salary, $42,289; moving expenses up to $2,400; Social Security Offset $3,005; full Board of Pensions;<br />

automobile expenses as expended at IRS rate, business expenses<br />

examined and approved Rev. Won Ho Kim for membership, pastor of First Meridian Presbyterian<br />

Church, Indianapolis, IN effective December 2, <strong>2012</strong> with the following terms: Salary $45,000; Housing<br />

$25,000; full pension; automobile expenses $2,800; books and journals $500; business expenses<br />

$1,000; medical supplement $1,000; vacation 4 weeks to include four Sundays; professional<br />

development leave two weeks to include two Sundays; professional development allowance $2,000.<br />

approved permission to labor outside of bounds in <strong>Presbytery</strong> of St Augustine as Director of<br />

Discipleship of the Mandarin Presbyterian Church, Mandarin FL<br />

Konker, Rev. Jessica<br />

Sept 26, <strong>2012</strong><br />

McAulay, Rev. Robert Sept 26, <strong>2012</strong><br />

Parker, Rev. Barbara Sept 26, <strong>2012</strong><br />

Saunders, Mr. Mick CRE<br />

Sept 26, <strong>2012</strong><br />

Fishers-New Hope Sept 26, <strong>2012</strong> approved Mission Study<br />

approved permission to labor outside of bounds in <strong>Presbytery</strong> of St Augustine as Director of<br />

Discipleship of the Mandarin Presbyterian Church, Mandarin FL<br />

approved Interim Pastor Contract between the Rev. Robert McAulay and the Session, effective October<br />

1, <strong>2012</strong> through September 15, 2013 with the following terms: Salary $14,426; housing $18,500; 403 (b)<br />

plan $5,400; full Board of Pensions; Automobile/Business $13,400; vacation five weeks to include five<br />

Sundays; two weeks to include two Sundays; continuing education $1,000<br />

examined and approved membership of Rev. Barbara Parker , honorably retired serving in postretirement<br />

service as contract staff, <strong>Second</strong> Presbyterian Church, Indianapolis IN as the administrator of<br />

the Partners in Ministry program.<br />

by e-vote September 10, approved :<br />

renewal of Mick Saunders as Commissioned Ruling Elder to Trinity Presbyterian Church, Rushville,<br />

effective March 1, <strong>2012</strong> through March 2015 and may perform all functions allowed a CRE in the Book<br />

of Order, and<br />

approved the CRE contract between Mr. Mick Saunders and the Session of Trinity Presbyterian Church,<br />

Rushville, Indiana effective March 1, <strong>2012</strong> for a period of one year, with the following terms: salary,<br />

$10,000; housing/utilities $12,500; full BOP; auto allowance $2,500; professional development $1,000;<br />

social security offset $4,000; one month vacation including four Sundays; two weeks study leave<br />

including two Sundays.


, <strong>2012</strong><br />

Finance Committee Report<br />

<br />

Council recommend the 2013 Mission Focus Units Budget (2nd read).<br />

[The budget presentation includes disbursements recommended by the Mission & Growth Team<br />

and 1st read adjustments to the Shared Mission distribution methodology - 55% to 69%<br />

<strong>Presbytery</strong>, 14% to 10% SOLT, and 31% to 21% GAMC.] <br />

<br />

<br />

[Items relating to the operating ministry of the presbytery are monitored and<br />

reported using this accounting fund. Per Capita gifts from our membership/churches provide the primary resources<br />

needed to fund the approved operating ministry model.]<br />

The Mission Operations Fund is performing close to forecast through August, <strong>2012</strong> with resources exceeding<br />

the same period last year by roughly $5,000 and ministry investments in line with the budget.<br />

MO details a surplus of $92,473 on 8/31/<strong>2012</strong>. This is primarily due to the majority of per capita resources<br />

being received during the first and second quarters of <strong>2012</strong>. The surplus is expected to decline over the<br />

course of <strong>2012</strong> as receipts slow during the third/fourth quarters and budgeted investments from the fund are<br />

made throughout the year.<br />

The <strong>Presbytery</strong> has received 85% of the total per capita share from the churches as of 8/31/<strong>2012</strong>.<br />

[Items relating to presbytery basic mission partnerships and ministries are monitored<br />

and reported using this accounting fund. Basic Mission (Shared & Directed) gifts from our churches provide the<br />

primary resources to fund the current basic mission model.]<br />

MFU details a surplus of $8,010 on 8/31/<strong>2012</strong>.The Mission Focus Fund is underperforming forecast through<br />

August, <strong>2012</strong> with resources below the same period last year by approximately (-$26,000). A significant<br />

percentage of the shortfall appears to be timing related as several anticipated Basic Mission gifts were not<br />

received until the September reporting period. Ministry investments are also below budget as quarterly<br />

disbursements to our mission partners do not take place until the September reporting period. <br />

<br />

Based on the <strong>2012</strong> pledges received, fund receipts are expected to fall short of our budgetary forecast for the<br />

period by roughly 10%. The Finance Committee is not recommending a budget adjustment for the <strong>2012</strong><br />

period as unbudgeted resources from dismissed congregations combined with a decrease in mission<br />

investments (i.e., NQR) should serve to offset this shortfall for <strong>2012</strong>.<br />

The report details balances available on 8/31/<strong>2012</strong> relating to<br />

presbytery grants and related mission partnerships (applicable to the funds stated purpose). Please note the<br />

addition of Fund 017 “New Ministry Initiative Grant Fund”<br />

<br />

<strong>Presbytery</strong> account balances are adequate for the cash flow<br />

needs of operating, mission and grants funding.


, <strong>2012</strong><br />

Finance Committee Report<br />

<br />

Council recommend the 2013 Mission Focus Units Budget (2nd read).<br />

[The budget presentation includes disbursements recommended by the Mission & Growth Team<br />

and 1st read adjustments to the Shared Mission distribution methodology - 55% to 69%<br />

<strong>Presbytery</strong>, 14% to 10% SOLT, and 31% to 21% GAMC.] <br />

<br />

<br />

[Items relating to the operating ministry of the presbytery are monitored and<br />

reported using this accounting fund. Per Capita gifts from our membership/churches provide the primary resources<br />

needed to fund the approved operating ministry model.]<br />

The Mission Operations Fund is performing close to forecast through August, <strong>2012</strong> with resources exceeding<br />

the same period last year by roughly $5,000 and ministry investments in line with the budget.<br />

MO details a surplus of $92,473 on 8/31/<strong>2012</strong>. This is primarily due to the majority of per capita resources<br />

being received during the first and second quarters of <strong>2012</strong>. The surplus is expected to decline over the<br />

course of <strong>2012</strong> as receipts slow during the third/fourth quarters and budgeted investments from the fund are<br />

made throughout the year.<br />

The <strong>Presbytery</strong> has received 85% of the total per capita share from the churches as of 8/31/<strong>2012</strong>.<br />

[Items relating to presbytery basic mission partnerships and ministries are monitored<br />

and reported using this accounting fund. Basic Mission (Shared & Directed) gifts from our churches provide the<br />

primary resources to fund the current basic mission model.]<br />

MFU details a surplus of $8,010 on 8/31/<strong>2012</strong>.The Mission Focus Fund is underperforming forecast through<br />

August, <strong>2012</strong> with resources below the same period last year by approximately (-$26,000). A significant<br />

percentage of the shortfall appears to be timing related as several anticipated Basic Mission gifts were not<br />

received until the September reporting period. Ministry investments are also below budget as quarterly<br />

disbursements to our mission partners do not take place until the September reporting period. <br />

<br />

Based on the <strong>2012</strong> pledges received, fund receipts are expected to fall short of our budgetary forecast for the<br />

period by roughly 10%. The Finance Committee is not recommending a budget adjustment for the <strong>2012</strong><br />

period as unbudgeted resources from dismissed congregations combined with a decrease in mission<br />

investments (i.e., NQR) should serve to offset this shortfall for <strong>2012</strong>.<br />

The report details balances available on 8/31/<strong>2012</strong> relating to<br />

presbytery grants and related mission partnerships (applicable to the funds stated purpose). Please note the<br />

addition of Fund 017 “New Ministry Initiative Grant Fund”<br />

<br />

<strong>Presbytery</strong> account balances are adequate for the cash flow<br />

needs of operating, mission and grants funding.


238,728.89 225,000.00 206,000.00 238,000.00 13,000.00 2013 Shared Mission Est. $345,000<br />

64,783.85 59,500.00 70,000.00 50,750.00 (8,750.00)<br />

303,512.74 284,500.00 276,000.00 288,750.00 4,250.00 69% WWVP, 10% SOLT, 21% GAMC<br />

<br />

5,204.60 6,646.75 5,250.00 0.00 (6,646.75)<br />

5,204.60 6,646.75 5,250.00 0.00 (6,646.75) 100% inures to operations 2013<br />

308,717.34 291,146.75 281,250.00 288,750.00 (2,396.75)<br />

<br />

(Mission & Growth Budget Request)<br />

<br />

51,750.00 51,750.00 51,750.00 57,910.00 6,160.00<br />

17,250.00 40,539.96 40,539.96 40,540.00 0.04<br />

53,475.00 60,248.64 60,248.64 56,000.00 (4,248.64)<br />

0.00 7,111.44 7,111.44 10,000.00 2,888.56<br />

0.00 0.00 0.00 3,200.00 3,200.00<br />

126,475.00 163,650.04 163,650.04 171,650.00 7,999.96<br />

<br />

10,000.00 11,777.86 11,777.86 11,778.00 0.14<br />

7,500.00 8,000.00 8,000.00 0.00 (8,000.00)<br />

17,500.00 19,777.86 19,777.86 11,778.00 (7,999.86)<br />

<br />

2,619.50 4,500.00 4,500.00 4,500.00 0.00<br />

737.50 2,000.00 2,000.00 2,000.00 0.00<br />

3,357.00 6,500.00 6,500.00 6,500.00 0.00<br />

<br />

0.00 1,422.29 1,422.29 1,422.00 (0.29)<br />

0.00 1,422.29 1,422.29 1,422.00 (0.29)<br />

147,332.00 191,350.19 183,350.19 191,350.00 (0.19)<br />

(Council Budget Request)<br />

0.00 7,111.43 7,111.43 7,250.00 138.57<br />

0.00 1,500.00 1,500.00 1,500.00 0.00<br />

0.00 1,777.86 1,777.86 1,800.00 22.14<br />

4,445.00 4,500.00 4,500.00 4,500.00 0.00<br />

4,445.00 14,889.29 14,889.29 15,050.00 160.71<br />

(COM Budget Request)<br />

3,600.00 2,100.00 2,100.00 2,100.00 0.00<br />

0.00 500.00 500.00 500.00 0.00<br />

539.00 600.00 600.00 600.00 0.00<br />

0.00 2,000.00 2,000.00 2,000.00 0.00<br />

0.00 1,200.00 1,200.00 1,200.00 0.00<br />

4,139.00 6,400.00 6,400.00 6,400.00 0.00<br />

Mission Focus Units 2013 2nd Read Budget_FC_Council.xls 09/26/12


(CPM Budget Request)<br />

0.00 7,000.00 7,000.00 7,000.00 0.00<br />

6,000.00 6,000.00 6,000.00 6,000.00 0.00<br />

6,000.00 13,000.00 13,000.00 13,000.00 0.00<br />

<br />

371.06 0.00 0.00 0.00 0.00<br />

371.06 0.00 0.00 0.00 0.00<br />

<br />

50,116.82 52,385.50 50,635.59 48,254.87 (4,130.63)<br />

8,381.98 8,853.77 8,174.21 8,562.50 (291.27)<br />

4,430.05 4,268.00 4,403.35 3,542.50 (725.50)<br />

62,928.85 65,507.27 63,213.15 60,359.87 (5,147.40) decrease in operating costs<br />

225,215.91 291,146.75 280,852.63 286,159.87 (4,986.88)<br />

83,501.43 0.00 397.37 2,590.13 2,590.13<br />

Estimated BOY Fund Balance 20,091.95 103,593.38 103,593.38 50,990.75<br />

Estimated Resources 308,717.34 291,146.75 281,250.00 288,750.00<br />

Estimated Investments 225,215.91 291,146.75 280,852.63 286,159.87<br />

Estimated EOY Fund Balance 103,593.38 103,593.38 103,990.75 53,580.88<br />

(53,000.00) (53,000.00)<br />

Estimated EOY Fund Balance 50,593.38 50,990.75<br />

Mission Focus Units 2013 2nd Read Budget_FC_Council.xls 09/26/12


Date : 10/01/<strong>2012</strong><br />

Time : 8:15:53 AM<br />

<strong>Whitewater</strong> <strong>Valley</strong> <strong>Presbytery</strong><br />

MO Resources & Investments-Council 0812<br />

Fund: Mission Operations<br />

August <strong>2012</strong><br />

Page : 1<br />

Accounts<br />

MTD Actual YTD Actual YTD Budget<br />

(This Year)<br />

YTD<br />

Budget/Actual<br />

% of Annual<br />

Budget Used<br />

Annual Budget<br />

(This Year)<br />

RESOURCES<br />

MISSION OPERATIONS<br />

Per Capita-WVP $1,111.41 $425,624.08 $341,161.22 $84,462.86 87.29 % $487,585.04<br />

Per Capita - G/A & SOLT $519.39 $174,010.53 $136,854.48 $37,156.05 84.77 % $205,281.72<br />

Total MISSION OPERATIONS $1,630.80 $599,634.61 $478,015.70 $121,618.91 86.54 % $692,866.76<br />

OTHER RESOURCES<br />

Partnerships $1,645.00 $14,810.00 $51,653.36 ($36,843.36) 19.11 % $77,480.00<br />

Tax Credit $0.00 $5,630.00 $0.00 $5,630.00 0.00 %<br />

$0.00<br />

Banking/Investments $21.49 $2,891.20 $4,333.36 ($1,442.16) 44.48 % $6,500.00<br />

Misc. Resources $0.00 $2,000.00 $0.00 $2,000.00 0.00 %<br />

$0.00<br />

Total OTHER RESOURCES $1,666.49 $25,331.20 $55,986.72 ($30,655.52) 30.16 % $83,980.00<br />

Total RESOURCES $3,297.29 $624,965.81 $534,002.42 $90,963.39 80.45 % $776,846.76<br />

INVESTMENTS<br />

Leadership $49,102.94 $320,101.16 $349,237.04 $29,135.88 61.10 % $523,855.22<br />

Professional Services $119.00 $5,294.21 $8,000.00 $2,705.79 44.12 % $12,000.00<br />

Office Lease/Maintenance $3,085.50 $24,834.00 $23,933.36 ($900.64) 69.18 % $35,900.00<br />

Office Operations $541.79 $7,114.89 $11,549.92 $4,435.03 41.07 % $17,325.00<br />

Information Technology $521.34 $4,683.31 $6,689.92 $2,006.61 46.67 % $10,035.00<br />

Communications/Internet $484.86 $3,843.31 $5,521.36 $1,678.05 46.41 % $8,282.02<br />

Insurance $320.23 $3,044.04 $3,333.36 $289.32 60.88 % $5,000.00<br />

Reimbursements $3,520.98 $24,369.05 $28,533.36 $4,164.31 57.44 % $42,425.00<br />

Other/Miscellaneous $0.00 $167.85 $166.64 ($1.21) 67.14 % $250.00<br />

Per Capita $0.00 $205,281.69 $205,281.69<br />

$0.00 100.00 % $205,281.69<br />

Missions Allocations ($5,446.71) ($66,240.80) ($55,671.44) $10,569.36 79.32 % ($83,507.17)<br />

Total INVESTMENTS $52,249.93 $532,492.71 $586,575.21 $54,082.50 68.55 % $776,846.76<br />

Net Resources/Investments ($48,952.64) $92,473.10 ($52,572.79) $145,045.89 0.00 %<br />

$0.00


Date : 10/01/<strong>2012</strong><br />

Time : 8:14:02 AM<br />

<strong>Whitewater</strong> <strong>Valley</strong> <strong>Presbytery</strong><br />

MFU Resources & Investments-Council 0812<br />

Fund: Mission Focus Units<br />

August <strong>2012</strong><br />

Page : 1<br />

Accounts<br />

MTD Actual YTD Actual YTD Budget<br />

(This Year)<br />

YTD<br />

Budget/Actual<br />

% of Annual<br />

Budget Used<br />

Annual Budget<br />

(This Year)<br />

RESOURCES<br />

MISSION FOCUS UNITS<br />

Basic Mission $4,966.55 $155,019.38 $189,666.72 ($34,647.34) 54.49 % $284,500.00<br />

Total MISSION FOCUS UNITS $4,966.55 $155,019.38 $189,666.72 ($34,647.34) 54.49 % $284,500.00<br />

OTHER RESOURCES<br />

Banking/Investments $0.00 $2,167.19 $4,431.20 ($2,264.01) 32.61 % $6,646.75<br />

Total OTHER RESOURCES $0.00 $2,167.19 $4,431.20 ($2,264.01) 32.61 % $6,646.75<br />

Total RESOURCES $4,966.55 $157,186.57 $194,097.92 ($36,911.35) 53.99 % $291,146.75<br />

INVESTMENTS<br />

Mission Support $5,613.34 $94,236.13 $122,285.36 $28,049.23 51.38 % $183,427.90<br />

Committee on Ministry $0.00 $6,512.60 $4,266.72 ($2,245.88) 101.76 % $6,400.00<br />

<strong>Presbytery</strong>/Council $0.00 $2,792.39 $9,926.24 $7,133.85 18.75 % $14,889.29<br />

Preparation for Ministry $0.00 $2,826.35 $8,666.64 $5,840.29 21.74 % $13,000.00<br />

Matching Grants $0.00 $3,286.85 $4,333.36 $1,046.51 50.57 % $6,500.00<br />

New Opportunities $0.00 $0.00 $948.16 $948.16 0.00 % $1,422.29<br />

Missions Allocations $5,446.71 $39,521.78 $43,671.52 $4,149.74 60.33 % $65,507.27<br />

Total INVESTMENTS $11,060.05 $149,176.10 $194,098.00 $44,921.90 51.24 % $291,146.75<br />

Net Resources/Investments ($6,093.50) $8,010.47 ($0.08) $8,010.55 0.00 %<br />

$0.00


<strong>Whitewater</strong> <strong>Valley</strong> <strong>Presbytery</strong><br />

Accounting Fund Balances<br />

August <strong>2012</strong><br />

Fund<br />

015 - Committee on Ministry Fund<br />

January <strong>2012</strong> - August <strong>2012</strong><br />

017 - New Ministry Initiative Grant Fund<br />

January <strong>2012</strong> - August <strong>2012</strong><br />

031 - Small Congregations<br />

January <strong>2012</strong> - August <strong>2012</strong><br />

038 - Candidates-CPM<br />

January <strong>2012</strong> - August <strong>2012</strong><br />

039 - Johnson Scholarships<br />

January <strong>2012</strong> - August <strong>2012</strong><br />

040 - Pentecost<br />

January <strong>2012</strong> - August <strong>2012</strong><br />

041 - Peacemaking<br />

January <strong>2012</strong> - August <strong>2012</strong><br />

042 - Hunger<br />

January <strong>2012</strong> - August <strong>2012</strong><br />

050 - Promise of Tomorrow<br />

January <strong>2012</strong> - August <strong>2012</strong><br />

060 - Mission Endowment<br />

January <strong>2012</strong> - August <strong>2012</strong><br />

Beginning<br />

Balance Income Expense<br />

Ending<br />

Balance<br />

$14,602.77 $0.00 $0.00 $14,602.77<br />

$15,054.40 $0.00 $451.63 $14,602.77<br />

$99,800.00 $0.00 $0.00 $99,800.00<br />

$0.00 $99,800.00 $0.00 $99,800.00<br />

$3,926.78 $0.00 $0.00 $3,926.78<br />

$4,960.11 $865.47 $1,898.80 $3,926.78<br />

$14,186.97 $0.00 $0.00 $14,186.97<br />

$13,272.57 $1,312.58 $398.18 $14,186.97<br />

$769.97 $0.00 $0.00 $769.97<br />

$743.51 $48.77 $22.31 $769.97<br />

$0.00 $0.00 $0.00 $0.00<br />

$638.46 $260.40 $898.86 $0.00<br />

$14,475.84 $330.75 $0.00 $14,806.59<br />

$18,163.14 $408.63 $3,765.18 $14,806.59<br />

($525.83) $308.72 $0.00 ($217.11)<br />

$807.40 $499.62 $1,524.13 ($217.11)<br />

$297,941.78 $801.36 $2,249.98 $296,493.16<br />

$307,848.08 $6,483.54 $17,838.46 $296,493.16<br />

$13,206.43 $0.00 $0.00 $13,206.43<br />

$13,182.98 $23.45 $0.00 $13,206.43<br />

Totals<br />

January <strong>2012</strong> - August <strong>2012</strong><br />

$458,384.71<br />

$374,670.65<br />

$1,440.83<br />

$109,702.46<br />

$2,249.98<br />

$26,797.55<br />

$457,575.56<br />

$457,575.56


Date : 10/01/<strong>2012</strong><br />

Time : 8:03:57 AM<br />

Accounts<br />

<strong>Whitewater</strong> <strong>Valley</strong> <strong>Presbytery</strong><br />

WVP Consolidated Balance Sheet- Council 0812<br />

All Accounting Funds<br />

August <strong>2012</strong><br />

Page : 1<br />

Current Assets<br />

Cash/Checking<br />

NBoI Checking XXXXX9492<br />

Chase Bank (WNM)<br />

PNC Amistad Cking #XXX7133<br />

Other Checking<br />

Total Cash/Checking<br />

Savings/Money Markets<br />

Investments ( > 1-year)<br />

Other Current Assets<br />

Total Current Assets<br />

Accounts/Notes Receivable<br />

Fixed Assets<br />

Other Assets<br />

Total ASSETS<br />

Assets<br />

$72,227.45<br />

$37,297.85<br />

$683.15<br />

$124,404.00<br />

$234,612.45<br />

$1,284,089.48<br />

$415,140.51<br />

$1,357.96<br />

$1,935,200.40<br />

$248,404.29<br />

$1,233,242.87<br />

$71,774.01<br />

$3,488,621.57<br />

Liabilities, Fund Principal, & Restricted Funds<br />

LIABILITIES<br />

Current Liabilities<br />

Long Term Liabilities<br />

Passthrough<br />

NQR TR Passthroughs<br />

Amistad Crstiana Passthroughs<br />

Emergency Relief<br />

Other Liabilities<br />

Total LIABILITIES<br />

FUND BALANCE<br />

Unrestricted<br />

$508,314.71<br />

Temporarily Restricted<br />

$2,750,170.07<br />

Permanently Restricted<br />

$51,406.45<br />

Net Resources/Investment<br />

$57,649.78<br />

Total FUND BALANCE and Net Resources/Investment<br />

Restricted Funds<br />

Total Temporarily Restricted<br />

$0.00<br />

Total Permanently Restricted<br />

$0.00<br />

Total Restricted Funds<br />

Total Liabilities, Fund Principal, & Restricted Funds<br />

$12,447.12<br />

$22,122.91<br />

$11,951.61<br />

$24,889.61<br />

$70.00<br />

$4,789.07<br />

$44,810.24<br />

$121,080.56<br />

$3,367,541.01<br />

$0.00<br />

$3,488,621.57

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