Ct january 2015 final e copy

Page 1

Caledonia Times The

January 2014 Editon Volume 47, Issue 1 The Diocesan Section of the Anglican Journal

Executive Committee gathers in Terrace

For 2015 Diocesan Budget and diocesan financial life decisons for the next couple of years Changes for the Camp’s financial reporting

The Diocesan Executive Committee met in Terrace November 28th for the Annual Budget Meeting. What follows are highlights from the Minutes of the meeting:

The Diocese’s Auditor has recommended changes to the system that would see bringing Camp Caledonia under the umbrella of the diocese to enable a complete picture of the diocese financially and to come in line with standard practices of the Certified General Accountants (CGA) and the Canada Revenue Agency (CRA).

A Gift for Christian Education and Evangelism

The Diocese has received a gift from an anonymous donor for the purposes of Christian Education and Evangelism in the Diocese. This will be a restricted use fund within the financials of the Diocese and will be disbursed at the discretion of the Bishop.

Changes for the Camp’s financial reporting

The Executive Committee also voted to create a Diocesan Property Committee which will be chaired by Archdeacon Tim Johnson. The Property Committee has been tasked to look at all of the current and to forecast possible upcoming issues for the Diocese in terms of buildings and properties. The Property Committee will look at some of the following issues amongst others:

The Sale of St. Martin’s Church and Rectory for North Peace

The Church and Rectory in the Parish of the North Peace have been sold to the local Credit Union in Fort St. John for an undisclosed amount. The Credit Union approached the Parish and the Diocese some time ago about the possibility of purchasing the properties and buildings because they would like to expand their building. As a part of the agreement the Parish has been asked to continue to occupy the buildings for up to the next eighteen months. This will give the parish time to vision, plan and begin to move towards a new church facility. The Parish was given a short term loan by the North Peace Credit Union for the purchase of a new house to become the new rectory. The sale was approved by a vote of the Executive Committee through email in early November. Proceeds from the sale of the rectory and church were used to fund the purchase, and as a result the diocese owns the new house outright. Grants for Stipend for 2015

Requested grants to Parishes for Stipend for 2015 were considered. In total, there was $109,000 given to parishes requesting help to pay their clergy. While funding for 2015 has been held at 2014 levels through a onetime gift to the Council, the forecast from the National Office of the Anglican Church of Canada says that giving from the National Church to the Council continues to decline. This means that the Nation Church’s budget will continue to be cut, including the National Block Grant. This means that we, as a diocese, will receive less money. Therefore, in order for parishes to keep on having stipendiary clergy, local Anglicans are going to have to find ways to raise the stipend or the diocese will have to make changes

and let clergy go. The diocese expends out of its own diminishing reserves, the money to continue employing clergy so that the clergy are not without their paychecks. This practice will eventually have to come to an end. It should be noted that Parish applying for stipendiary grants for 2016 will need to send a representative to the Fall Executive Meeting. Someone other than the parish priest will need to make a presentation to the Executive on the life and work of the Parish, and advocate for their situation, explaining why the need the financial support. The Executive also voted to continue the covenant with the Council of the North and chose to forgive Parish Arrears which totalled $124,043.43 for 2014.

(1) How do we teach wholetistic stewardship? – not just about the money but also about human and physical resources as well. Must manage the 5 T’s (time, talents, tresure, trees and tears) well, all the time. (2) How do we change from a culture of abundance from a culture of poverty? (3) Which do we want to do: maintain rectories or to pay housing allowance to Fair Market Value? (4) Does the Diocese and parishes maintain furnished rectories to cut down the costs of moving? (5) How does the Diocese provide for housing for clergy on reserve? The Executive Committee meets again in the Spring of 2015.

Happy New Year, Caledonia!

The Caledonia Times - Informing and Inspiring the Faithful across Northern BC since 1905


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.