epub annual report draft-yuu

The proposed 2015 Unified Budget of $870,628
which was as approved by the Church Council
was an increase of 8 percent above the 2014
Unified Budget level of $798,562. The 2015
Unified Budget was approved unanimously at
the Church's First Quarterly Business Meeting
on January 28, 2015.
Finance
2015 Budget Status:
Budget income through December 31, 2015 was
$740,172.53 which was 6 percent below the
comparable period in 2014. During this period,
expenditures increased two percent.
Conclusion
The SFC continues to be optimistic about
CPBC’s financial growth in the upcoming year-
2016 and beyond. Our prayer is that the members
of CPBC will continue to grow in the grace
of giving, and that God will provide abundantly
for all of our needs for mission and ministry.
The SFC thanks those members of the
congregation who are faithful and obedient in
their giving of their time and talents, and
financial resources to support this Ministry.
Investment Account:
The total value of our investment account with
Morgan Stanley as of November 30, 2016 was
$90,096. Earning have been slow during the
4th quarter, but we expect that earnings will
grow steadily in the New Year. Our investment
strategy is moderate and diversified in several
asset categories.