2021-2022 Budget Approved at the 2020 Synod Assembly

The Assembly took up the 2021/2022 Budget and:

  • Ratified the Synod Mission and Ministries Commission’s approval, acting as the Board of Trustees, of the per capita rate of $4.10 for 2021 and 2022.

  • Approved the 2021/2022 budget with the expectation that Synod leadership need not wait until the end of the current budget cycle to begin to enact organizational and structural changes to the Synod of the Northeast, as deemed necessary to decrease the percentage of Synod funds spent on administrative costs, and increase the percentage spent on ministry.

  • Voted that if there is a proposed shift in the budget of $100,000 or more that the synod assembly be reconvened to review it.

The complete financial report can be found here.

The Assembly discussed the proposal concerning Presbytery Loans and:

  • Ratified the Synod Mission and Ministries Commission’s approval, acting as the Board of Trustees, to make loans to presbyteries in the maximum amount of $50,000 per presbytery for the years of 2021 and 2022, such loans to be made without interest charge to the presbyteries, utilizing the Synod’s $2 million line of credit secured by investments as needed

The complete report on the Presbytery Loan Proposal can be found here.

Lori Hylton