Agenda Volume 3 - Methodist Conference

57. The Fruitful Field Project
under the budget headings outlined
in paragraphs 83-85, to enable
comparisons to be made with the
costs outlined in the October 2011
consultation document. This table
illustrates that recommended costs
constitute a reduction of £1,473k per
annum, or 24%, when compared to
current expenditure on existing, non-
Connexional Team activities.
Income, funds and assets
267 As outlined in table F, the
Committee recommends that 85%
of the expenditure outlined in
table D continues to be funded by
contributions from the Methodist
Church Fund, the Connexional Priority
Fund and the World Mission Fund.
Total contributions from these funds
are recommended to be £5,106k, a
reduction of £526k (9%) on current
contribution from these funds in this
area. Current contributions from the
Training Assessment Fund (TAF) stand
at £1,674k per annum, which will
cease. The Church no longer solicits
donations towards the TAF, and its
balance is expected to be exhausted
by the end of the 2012/2013
connexional year. As illustrated in
Table F: Division of recommended Network funding streams
Current Recommended
The Methodist Church Fund £4,144k £3,906k
The Connexional Priority Fund £1,116k £1,000k
The World Mission Fund (and, for current funding
£372k £200k
streams only, the Mission in Britain Fund)
Total MCF, CPF, WMF, (MiBF) £5,632k £5,106k
The Training Assessment Fund £1,674k £0
Total MCF, CPF, WMF, TAF, (MiBF) £7,306k £5,106k
Discipleship and Ministries Learning
£0 £927k
Network funds and assets
Total £7,306k £6,033k
Table G: Expenditure from connexional funds
Current contribution from MCF, CPF, WMF, MiBF, TAF
Saving from TAF
Saving from MCF, CPF, WMF, MiBF
Total saving from MCF, CPF, WMF, MiBF, TAF
Recommended contribution from MCF, CPF, WMF
£7,306k
-£1,674k
-£526k
-£2,200k
£5,106k
Conference Agenda 2012 755