General Convention Update: What’s happening with the Budget

A committee hearing is taking place with PB&F (I’m assuming Program, Budget, and Finance, but I’m not going to check). Apparently, after all the back and forth, sturm and drang, anguish across the Church, PB&F is using the Presiding Bishop’s proposed budget as its template. Earlier discussions of it on this blog are here and here. Background here.

Jim Naughton had this to say today before the hearing began. He makes several interesting suggestions:

  1. to reduce the diocesan “asking” from  19% to 15% this triennium
  2. to base the budget on the PB’s proposal
  3. to view it as “transitional” and therefore to remove some of the spending on new programs (up to $5 million) that she proposes.

If you’re interested in the Twitter play by play, follow #GC77

Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s