Every budget rises out of a context and reflects the values and goals of the institution for which the budget is prepared.
And it is no different with the 2020 budget adopted by the Presbytery of Lake Michigan during its December 3, 2019 Stated Meeting.
The 2020 Budget represents an investment in the collaboratively development ministry priorities that grew from strategic planning presbytery members began in 2017 and movement into a new organizational structure that presbytery members adopted in September 2018.
Details of the spending plan are included in “PLM 2020 Budget – Adopted 2019.12.03”.
Information about the rationale behind some of the budget decisions may be found in “PLM 2020 Budget First Read Narrative 2019.09.14”
Sources of revenue for the 2020 PLM Budget include a presbytery per capita of $23.00 per person plus shared mission contributions, investments and other income, and unrestricted assets held by the presbytery.