That makes it sound like a business, doesn’t it?
Contributions from the dioceses to the national church are dropping, creating, on one level, uncertainty, on another, certainty – that program and staff cuts are imminent.
In one of those rare moments of inadvertent prophetic truth uttered by an Anglican bishop, Linda Nicholls observed:
The church is likely to remain smaller and be less affluent than it once was, she said, but these things should not be taken as signs that it is ending or that it is no longer watched over by God.
God is indeed watching as each year the ACoC becomes more liberal and less Christian than the year before. That is why it is in the sad state it’s in today.
Frome here:
A drop in diocesan contributions to the national budget along with lingering financial uncertainty spurred a conversation about the long-term stability of the Anglican Church of Canada’s finances in a Nov. 24 session of the Council of General Synod (CoGS).
Amal Attia, the national church’s treasurer and CFO, presented figures that showed that as of Sept. 30, the church was experiencing a revenue shortfall of just over $600,000, attributable mostly to diocesan contributions running $724,728 less than budgeted. Contributions from dioceses are expected to pick up by the time the year’s numbers are finalized, she said, and a deficit of $153,667 is projected for the year.
While the 2023 deficit is projected to be small enough to be manageable, the decline in diocesan contributions is part of a trend of declining revenue in the church, which Attia warned will likely continue in the long run. In the short term, it has been possible to balance the gap with other revenue and by cutting expenses. And in case of a severe and unexpected shortfall, the church has a contingency fund it can dip into. But the size of that fund is limited, and the church may eventually need to make cuts to programming to compensate.
Meanwhile, she said, the 2024 budget is projected to break even partly through a reduction in total expenses from $10,666,325 expected for 2023 to $9,631,339 budgeted for 2024. The document Attia provided to CoGS for the 2024 budget forecasts that year’s diocesan contributions, which make up most of the national church’s revenue, to be $312,848 less than the projected total for 2023.
Later in the session, Archbishop Linda Nicholls, primate of the Anglican Church of Canada, weighed in on the question of eventual program cuts at the national office.