This page keeps a record of the latest financial records and reports published to Hunter Bible Church members. If you have any questions you’d like to ask about anything here, we really want to be above reproach in this area, and we’d love to hear from you. Please contact us, or call the office 02 4023 1863.

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Treasurer’s Report - Feb 2012

Hi All,

Can you believe we are nearly at the end of March – 2012 is on hyperdrive!!  Here is the report covering church finances up to the end of February.  As you can see, actual general giving and total ordinary income were below budget for the month of February.  February General Giving was also slightly less than January.  YTD General giving is ~ $11000 behind budget.  In terms of Total income the position is slightly better on a % basis, mainly due to the MTS scholarship money being received in the month.

In terms of expenses for both January and February they were 6- 8% under budget and so this is assisting the cash flow situation with the General Giving being below budget.

Please continue to pray that God will promote generosity in the hearts of his people as they ponder the riches of his grace that he has poured out on us all.

HBC Financial update : as at 29th Feb 2011
	Month of Feb			Jan - Feb Total
	Budget	Actual	% To Budget	Budget	Actual	% To Budget
General Giving	$61,300	$54,600	89%	$122,600	$111,400	91%
Total Ord Income	$88,300	$82,700	94%	$161,500	$147,800	92%
Total Ord Expenses	$78,000	$73,700	94%	$152,000	$142,700	94%
These figures exclude contra income and are rounded to the nearest $100.

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Treasurer’s Report - Dec 2011

Hi All,

Here is the report for December and 2011 finances at HBC. In December General Giving dropped off a little from the figures of earlier months (3% down) but the full year figure for General Giving was at 99% of the full year budget. Total income was affected by lower MTS support and finished 11% down for the month and 5% down for the year. Expenses for the month and year were below budget by 7% and 4% respectively.

HBC Financial update : as at 30th Dec 2011
	Month of December			Full Year
	Budget	Actual	% To Budget	Budget	Actual	% To Budget
General Giving	$54,900	$53,000	97%	$658,400	$651,100	99%
Total Ord Income	$63,300	$56,400	89%	$756,400	$718,200	95%
Total Ord Expenses	$63,500	$58,900	93%	$762,000	$727,900	96%
These figures exclude contra income and are rounded to the nearest $100.

The figures above represent Ordinary Income and Ordinary Expenses and exclude interest earned on our money in the bank, which was $4000 for the year which was a good return against a budget of only $2000.

So the bottom line (Total Income vs Total Expenses) for 2011 was that Church had a small deficit of just under $4000 which represents about 0.5 % of the total church budget.  This is a great result and something to thank God for, when it looked like we would really struggle half way through the year.  Thank you to everyone who gave generously to the work of the Gospel in Newcastle in 2011.

More details will be available at the AGM.

Steve Elliott

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Treasurer’s Report - Nov 2011

Hi All,

Here is the report for November finances at HBC and its great to see our General Giving was at 99% of budget, although Total Income is still 4% off the budget amount. As the graphs show we were really struggling through the first-half of the year but there has been a big lift since July which is fantastic. The main deficit in Total Income has been in the level of external MTS support this year.

HBC Financial update : as at 30th Nov 2011
	Month			Year to Date (YTD)
	Budget	Actual	% To Budget	Budget	Actual	% To Budget
General Giving	$54,900	$62,200	113%	$603,500	$598,600	99%
Total Ord Income	$63,300	$67,500	107%	$693,400	$662,900	96%
Total Ord Expenses	$63,500	$75,100	118%	$698,500	$670,500	96%
These figures exclude contra income and are rounded to the nearest $100.

Expenses were up for the month as we paid a few periodical bills like General Insurance and Workers Compensation insurance and we caught up with some venue payments.  However YTD expenses are running 4 % under budget which is in line with the deficit in Total income.  December’s and full year 2011 figures should be available about mid January.  I hope you had a wonderful Christmas and will better know God’s grace and peace during 2012.  Just a reminder the new year has started so if you haven’t reviewed your giving to God and church for the new year, today is great day to do that.

Steve Elliott

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Gospel Proclamation Investment Plan for 2012

Details coming soon.