Our 2011 budget was $275,777.58.  We had a total income of $254,442.16, which left us with a $21,335.42 shortfall toward our budget.

              Fortunately, everyone did an outstanding job of controlling expenses.  Our total expenses for the year were $238,387.80. This left us with a positive balance of $16,054.36 for 2011.

              Our checkbook balance (minus restricted funds-which includes specified memorials and funds for specified projects) on December 31, 2011 was $46,434.76.

               We are now in a new year—2012.  It is my pleasure to announce to you that 2011 was a good year as it relates to the generous contributions you made.

              For the year 2011 we had pledges of $175,944.  Estimating the giving of those who chose not to pledge but had given regularly the previous year, an additional amount of offerings was expected in the amount of $44,313.  This amounted to $220,257 for 2011.

              On December 31, 2011 the records showed that $250,177 had been actually received during the year.

              Our Stewardship Emphasis during November and December 2011 resulted in pledges of $172,262.  Using the past year of offerings from those who did not pledge but provided regularly, it is estimated that we will receive an additional amount of $53,147.

              This amount of $225,409 will support the operating budget of the 2012 year.  Thank you again for your generous contributions.