Reformed Presbyterian Minutes of Synod 1993

REFORMED PRESBYTERIAN CHURCH 95proved and is as follows with the Financial Statements for the Yearsended December 31,1991 and 1992:REPORT OF THE COMMITTEE ON FINANCEThe Committee on Finance has met five times during the 1993 Synodand has endeavored to respond to aU matters which have been referred toit. Deacon delegates from fivepresbyteries have assisted in the work of theCommittee, and we have appreciated the valuable counsel which they haveprovided. We again ask that deacon delegates be selected well in advanceof the 1994 Synod, and that their names be forwarded to both the Clerk ofSynod and the Chairman of the Committee on Finance. We appreciate theunderstanding and encouragement given to us by the RPM&M participantsand the prayerful support of the members of Synod.Recommendations1. That since the terms of Marcia Siebring and Jay Worsham expire at thismeeting of Synod, and that since Marcia Siebring is not eligible for reelection,that the following persons be nominated for the Committee onFinance: Jay Worsham, William Roberts and Douglas Comin.2. That the Financial Statements for the Years ended December 31,1992and 1991, and the Independent Accountant's Audit Report as preparedby Swartz, Izenson & Associates P. C. be accepted as distributed andprinted in the Minutes of Synod.3. That the 1993 Financial Reports of Synod's Boards and Committees asdistributed be received for information.4. That the Financial Statements for Pension Plan B for the Years endedDecember 31,1992 and 1991, and the Independent Accountant's AuditReport as prepared by Swartz, Izenson & Associates P. C. be receivedfor information.5. That the financialreport of the UnaUocated Denominational Office bereceived and the 1994 budget be adopted. (See page 948 of the 1993Financial Reports of Synod's Boards and Committees.)6. That Synod set the congregational assessment for Synod's Travel Fundat $8 per communicant member for 1994 based on membership as ofDecember 31, 1993, as reported to the Stated Clerk.7. That Synod approve the new Graduate Study Fund schedule of maximumpayments beginning in January 1994 which is as follows:With Session support: up to $1,250 per yearWith Presbyteiy support: up to $2,500 per yearWith Synod support: as determined by the Synod