Thursday June 11th the Finance Cmtte for the Tacoma Rescue Mission board will meet to go over the budget that we are proposing for the new year, which begins July 1st.
Here is an earlier blog on how our budget meeting with staff went.
After meeting to discuss the budget in detail, our finance staff tabulates all the numbers and comes up with the sum total. After that I take one final look at it and decide if anything further needs to be added or subtracted before we propose a final budget to the Finance Committee. When it’s all said and done we will be proposing a budget that will be $4,764,128. This will be a growth of 11.7%, a large number considering the economic challenges-but a number which I believe is an achievable figure.
Here’s the reason for the growth:
We’ve added a new department this year, Need a Break Services, which is direct aid for people who need direct financial assistance with things like car or home repair. The addition of this department is a large reason for the growth in our budget.
In addition, we have scheduled to improve salaries of the front line workers at the Mission, the shift managers. This will be a big help. Most importantly, I feel like we are making a statement that we believe we are not only going to survive this economic downturn, but with the partnership and support of our donors we will do more than ever before to reach the poor with the love of God.
If the finance committee approves the budget, we will present it to the board at the June 29th board meeting.
DC
