PRELIMINARY FINANCIAL CAPABILITY
future. FOR OUR
“What Can You Afford?” CONCEPT ONLY…TO BE VERIFIED 1. Church Budget / Av Receipts 1,320,000 ("X")
* 2. Generosity Initiative (2 yrs +/-) 3. Two Yr. ("Cash up Front") @ 70% @ 4. Plus Cash on Hand (confirm) 5. Less Current Debt ** 6. Loan Possible - 3 times "X" 7. Project Possible (3 + 4 -5 +6)
1.32 M
2.0 "X"
$2.64 M
Cash Only
$1.85 M
$1.85 M
$300,000
$300,000
< $500,000 >
< $500,000 >
$3.96 M
No Loan
$5.61 M +/-
$1.65 M +/-
$4.49 M $4.21 M
$1.32 M $1.24 M
*Verify w/ Generosity Consultant **Verify w/ Lender
© 2020
Construction Possible 8a. 80% Construction / 20% Owner Soft Cost 8b. 75% Construction / 25% Owner Soft Cost
Note: Current Twin Cities example 17,600 Sq. Ft. @ $4.0 POSSIBLE M = $227.00/Sq. Ft. RANGE Construction cost for building, site work and including contingency.
VISION TOWN HALL MEETINGS: Please join us for more discussion and prayer as we seek God’s direction in the next steps for our future. March 11, Wednesday // 5:45-6:45 pm Fellowship Hall March 22, Sunday // 9:30 - 10:30 am Fellowship Hall March 30, Monday // 6:00 - 7:00 pm Fellowship Hall
fbcjc.org/vision
(password: 4thefuture)
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