After a record-setting January shortage, February showed good improvement! As you know, every month, as the Growing In Faith giving comes in, an amount is set aside for the monthly mortgage payment, cumulative taxes, project management, association dues, insurance, etc. This amount is approximately $12000.00. The total February GIF giving was 8292.00. That means we were short by over $3700.00. February marks our second consecutive month with a deficit. The good news is that there is a separate amount of money set aside for moving forward with development. The bad news is that we will need to pull from that money to cover the shortage.
Let’s pray that God will give us the ability to remain strong in our commitments and that He will bless the finances of our church.
February GIF giving $8,292.00
Minimum to “pay bills” $12,000.00
Difference ($3,708.00)
And hope does not disappoint us, because God has poured out His love into our hearts by the Holy Spirit, whom He has given us.
Romans 5:3
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