Reformed Presbyterian Minutes of Synod 1995 - Rparchives.org

REFORMED PRESBYTERIAN CHURCH 992. That since the terms of Jay Worsham and Alaisdar Graham expire in1996, that the following persons be nominated for the Committee onFinance for the class of 1999: Jay Worsham, Keith Magill, and MichaelMastorovich Jr.3. That the Financial Statements for the Year ended December 31, 1994,and the Independent Auditor's Report as prepared by Hillier Collier scCompany be accepted as distributed and printed in the Minutes ofSynod.4. That the Audit report for Pension Plan B for the year ended December31,1994, be received for information.5. That the financial reports of the Unallocated Denominational OfficeExpense be received and that the 1996 and 1997 budgets be adopted.(See page 939 of the 1995 Financial Reports of Synod's Boards andCommittees.)6. That Synod set the congregational assessment for Synod's Travel Fund at$8 per communicant member for 1996 based on membership as ofDecember 31, 1995, and $8 per communicant member for 1997 basedon membership as of December 31, 1996, as reported to the StatedClerk.7. That Synod set the congregational assessment for the Pension FundCurrent Account at $16.00 per communicant member for 1996 basedon membership as of December 31, 1995, and $16.00 percommunicant member for 1997 based on membership as of December31,1996, as reported to the Stated Clerk.8. That Synod set the minimum contribution rate at $2,000 for 1996 and$2,100 for 1997 for the employer of each participant in Pension Plan B.9. That $50,000 from the income of the MacLaughlin Trust (UnrestrictedUndesignated Funds) be granted to the Pension Trustees for the fundingof Pension Plan A in each of 1996 and 1997.10. That up to $50,000 from the income of the MacLaughlin Trust(Unrestricted Undesignated Funds) be granted to Geneva College in eachof 1996 and 1997.11. That Synod approve distribution of up to $320,000 from RPMscM in1996 (all of which must come from contributed funds) as follows:For 1996AGENCIES 1996Education sc PublicationForeign Mission BoardGeneva CollegeHome Mission BoardPension TrusteesSeminaryWoman's AssociationMiscellaneous FundTotalsREQUESTED$90,000$60,000$0$60,000$0$ 130,000$30,000$30,000$400,000RPMSCM$90,000$50,000$0$40,000$0$130,000$8,000$2,000$320,000