Diocese of Rhode Island
Commission on Finance
Meeting, October 9, 2012
Higgins Room
Present: Robert Batchelor; The Rev. Dcn. Edwin Hallenbeck; The Very Rev. Nicholas Knisely; Michael Lofaro; The Rev. John Pallard; Stephan Sloan; The Rt. Rev. Gelarlyn Wolf.
Also present: Joan DeCelles; Canon Betsy Fornal; The Rev. Linda Grenz; The Rev. David Lucey; Ronald Turnbull.
The meeting was called to order at 10:05 am by Bishop Wolf who offered an opening prayer. The Bishop served as acting Chair.
Mr. Stephan Sloan was introduced as an appointed member of the Commission replacing Mr. Scott Nicholson, with a term to 2014.
The Minutes of the meeting of September 11, 2012 were approved as distributed.
The Treasurer’s report for September 30, 2012 again shows the Apportionment side running at a deficit, while careful review indicates budget flow is close to plan and there are no significant issues.
Apportionment Report. The number of months of arrearage continues to drop as payments by churches are well ahead of last year, see chart below:
Meeting, October 9, 2012
Higgins Room
Present: Robert Batchelor; The Rev. Dcn. Edwin Hallenbeck; The Very Rev. Nicholas Knisely; Michael Lofaro; The Rev. John Pallard; Stephan Sloan; The Rt. Rev. Gelarlyn Wolf.
Also present: Joan DeCelles; Canon Betsy Fornal; The Rev. Linda Grenz; The Rev. David Lucey; Ronald Turnbull.
The meeting was called to order at 10:05 am by Bishop Wolf who offered an opening prayer. The Bishop served as acting Chair.
Mr. Stephan Sloan was introduced as an appointed member of the Commission replacing Mr. Scott Nicholson, with a term to 2014.
The Minutes of the meeting of September 11, 2012 were approved as distributed.
The Treasurer’s report for September 30, 2012 again shows the Apportionment side running at a deficit, while careful review indicates budget flow is close to plan and there are no significant issues.
Apportionment Report. The number of months of arrearage continues to drop as payments by churches are well ahead of last year, see chart below:
|
#
|
Months in Arr
|
Parish / Location
|
Comments
|
|
|
2011
|
2012
|
|||
|
11
|
1
|
2
|
St. George’s, Central Falls
|
|
|
19
|
3
|
3
|
St. David’s, Cranston
|
Considering merger
|
|
43
|
1
|
2
|
St. Columba’s, Middletown
|
Interim
|
|
47
|
0
|
2
|
St. John’s, Newport
|
Interim – supply - problems
|
|
66
|
3
|
2
|
All Saints, Providence
|
Interim
|
|
82
|
2
|
2
|
Holy Trinity, Tiverton
|
|
|
93
|
4
|
3
|
Christ Church, Westerly
|
Interim
|
Only two churches are three months in arrears.
Old Business:
Christ Church, Lincoln. Following the working understanding monthly reports are being received. Mr. Batchelor distributed a short form Report through October 4. At this point the church is following plan, and the assisting treasurer is keeping accounts. No significant problems, with planning for 2013 under way.
Church Woods, Charlestown. A Purchase and Sale Agreement has been signed for the three land parcels adjacent to Church of the Holy Spirit, with an added small parcel of the Church’s original land needed for required utility placement. It is expected that a closing can be scheduled for January.
New Business:
Old Business:
Christ Church, Lincoln. Following the working understanding monthly reports are being received. Mr. Batchelor distributed a short form Report through October 4. At this point the church is following plan, and the assisting treasurer is keeping accounts. No significant problems, with planning for 2013 under way.
Church Woods, Charlestown. A Purchase and Sale Agreement has been signed for the three land parcels adjacent to Church of the Holy Spirit, with an added small parcel of the Church’s original land needed for required utility placement. It is expected that a closing can be scheduled for January.
New Business:
Page 1 of 2
Commission on Finance Minutes — October 9, 2012 Page 2 of 2
Diocesan House Roof. Three bids have been received for work need to remove and
replace existing roof and decking. Following review and discussion of the bids it was
Moved, Seconded and VOTED to recommend to Diocesan Council that the Contract
for Roof and Decking Replacement be awarded to M. Barboza and Son’s at a cost of
$19,900. with an understanding that asphalt paper installed be 30 lb rather than the
15 lb quoted. It was noted that Barboza has completed several roofing jobs for the
Diocese recently with excellent results.
2013 Diocesan Budget. Fr. Lucey and Mr. Turnbull reviewed the recent work of the Committee on Program and Budget including the Narrative description for use at the Budget Hearings beginning tonight. Attention was called to page 4 where the primary areas affected by changes are listed. Rev. Grenz stated that the budget line for Leadership Resources should be changed to zero as these resources will be available thru her. It was agreed following discussion that the budget will be considered further following the hearings and the P&B Committee meeting for approval and transmission to Diocesan Council either at the next meeting by email or conference call.
The meeting was adjourned at 10:45 am.
Respectfully submitted,
Edwin F Hallenbeck, Secretary
Next Meeting: November 13, 2012 at 10:00 am.
2013 Diocesan Budget. Fr. Lucey and Mr. Turnbull reviewed the recent work of the Committee on Program and Budget including the Narrative description for use at the Budget Hearings beginning tonight. Attention was called to page 4 where the primary areas affected by changes are listed. Rev. Grenz stated that the budget line for Leadership Resources should be changed to zero as these resources will be available thru her. It was agreed following discussion that the budget will be considered further following the hearings and the P&B Committee meeting for approval and transmission to Diocesan Council either at the next meeting by email or conference call.
The meeting was adjourned at 10:45 am.
Respectfully submitted,
Edwin F Hallenbeck, Secretary
Next Meeting: November 13, 2012 at 10:00 am.
